consumer sentiment

Consumer sentiment has seen a ‘substantial decline’ this year

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Consumer sentiment has seen a ‘substantial decline’ this year

00:00 Speaker A Consumer sentiment data is coming in worse than expected today. The final reading on December consumer sentiment from the University of Michigan actually came in lower than the previous reading and below where Wall Street had predicted those numbers. Joining us now, Joanne Shue, University of Michigan Director of Consumer Research. Joanne, … Read more

Kroger CEO has a harsh solution to the increase in prices in stores

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Kroger CEO has a harsh solution to the increase in prices in stores

Over the past few months, Kroger has seen a slight decline in consumer demand amid recent economic uncertainty and increased competition. During the third quarter of this year, Kroger saw its identical sales (excluding fuel) increase by 2.6% year over year, according to its latest earnings report. However, recent data from market research company Numerator, … Read more