Commercial Insights

Consumer Spending Under Inflation Pressure

Sep 11, 2022 (updated May 11, 2023) • 3 min

Market and Industry Insights

U.S. Crop Production Hungering for Growth

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Market and Industry Insights

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Market and Industry Insights

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Consumer confidence has improved, but high prices persist. Americans are adapting buyer behavior to cut costs. Here’s what businesses can expect and what to do.
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  1. Fortune, “80% of Companies Plan to Give Raises in 2023, According to a New Survey of Nearly 5,000 Participants,” February 23, 2023 Back
  2., “New Reality Check: The Paycheck-to-Paycheck Report,” December 2022 Back
  3. Moody’s Analytics, “Employment and Inflation Go the Fed’s Way,” January 12, 2023 Back
  4. U.S. Bureau of Labor Statistics, “Consumer Price Index Summary,” April 12, 2023 Back
  5. Gallup, “Inflation Now Causing Hardship for Majority in U.S.,” September 7, 2022 Back
  6. CNBC, “Inflation Isn’t Dampening People’s Desire to Travel – But Travel Companies May be Missing a Trick,” March 11, 2023 Back