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Food distributor Sysco misses quarterly sales estimates on weak spending
WHTC 1450 Holland· 16 minutes ago(Reuters) - Food distributor Sysco fell short of third-quarter sales expectations on Tuesday as demand took a hit from consumers scaling back discretionary spending ...
In data: Half of US consumers to cut back on retail spend in 2024
Just Style via Yahoo Finance· 4 hours agoInflation is expected to ease to 2.9% in 2024, however US consumers are not “reassured” about the...
Australia retail sales shrink 0.4% in March amid sticky inflation, high rates
Investing.com· 12 hours agoInvesting.com-- Australian retail sales unexpectedly shrank in March as consumer spending remained...
VDO.AI Forecasts Summer Spending Boom Fueled by Consumer Optimism, with Apparel Dominating at 78%
Digital Journal· 14 hours agoThe report also highlighted that fashion will be leading the charts at a staggering 78% of planned purchases. The report delves deep into consumer spending
Soft landing remains within reach as consumer spending spree set for breather: UBS By Investing.com
Investing.com· 17 hours ago"Our base case remains a soft landing, with economic growth and inflation cooling off as consumers...
Britain may struggle to cope without mass migration
Daily Telegraph· 22 minutes agoStarting almost immediately, the working age population would begin to shrink. ONS projections of population growth over the next 15 years require net...
'Winner take most': Here's what Wall Street is expecting from Amazon's Q1 earnings report
Business Insider via Yahoo Finance· 12 hours agoInvestors are also watching for strength in key areas of the company, including Amazon Web Services...
Soft GDP hides surging spending
The Forex Market· 5 days agoReal GDP grew at only a 1.6% annualized pace in Q1, held back by trade and inventories. Consumer spending in the service sector is not slowing, in fact,...
America’s Frustrating Search for a Soft Economic Landing | by Michael R. Strain - Project Syndicate
Project Syndicate· 6 hours agoIn the first quarter of 2024, GDP in the United States grew at an annual rate of 1.6% – nearly a...
Consumer market overcomes COVID impact
China Daily· 1 day agoAs countries around the world continue to navigate the fallout of the COVID-19 pandemic, China's economy has demonstrated resilience and adaptability. One of the most compelling developments ...
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