Inflation Fails to Dampen Year-Over-Year Retail SalesConsumers continue to spend but they are cautious, according to the National Retail Federation. Spending Money to Make Money Convenience store retailers increased their technology budgets in 2022. West Coast Motorists Paying More at the Pump Refinery issues and rising demand contribute to area price increases as other regions experience relief. Retail Food & Beverage Unit Sales Dip as Inflation Hits Home Prices for at-home foods rose 1.6 percent from the end of July to the end of August, according to IRI. NCA Projects Increase of Candy & Chocolate Sales as Halloween Nears The uptick is partly due to consumers going bigger and bolder in their celebrations than in previous years. Americans Driving Less Than Pre-COVID 19 Three in five drivers cite gas prices as the main reason for hitting the road less. Sponsored 2022 Technology Study: The New Bedrock of Success View On-Demand Halloween Celebrations Are Expected to Bounce Back With Record Spending Holiday spending is projected to reach a record $10.6 billion, exceeding last year’s record of $10.1 billion, according to NRF. Summer Driving Season Ends With Lowest Gas Prices Since March The primary reason for the decline is the recent lower cost for oil. NRF: Economic Indicators Paint Conflicting Picture of Recession According to Chief Economist Jack Kleinhenz, what happens next is up to the consumer. First Previous 10 11 12 13 14 Next Last
