Dynamic Business’ Post

Consumer spending in real terms declined -0.1% in April, and there was a substantial, -0.3% revision to the spending estimate for March.

I believe that the consumer discretionary segment will benefit the most from the expected rise in consumer spending. Read Now: https://rb.gy/oyrozs #marketinsights #financialforecast #economictrends #consumerdiscretionary #risingconsumerspending #righthorizons

Overall, confidence in financial services is vital for both consumers and the financial sector. By building trust and transparency, financial institutions can empower consumers and contribute to a healthy economy. Consumer Confidence Index (CCI): This widely used index, produced by The Conference Board in the US, measures consumer sentiment about the economy, including their financial situation. While it doesn't directly assess confidence in financial services, a positive CCI can indicate consumers are more likely to use financial products and services, suggesting confidence in the sector. https://lnkd.in/eFF-CGUc

Consumer confidence in the UK saw a slight uptick in July, but it remains subdued as the public adopts a "wait and see" approach towards the new government and economy. A surge in the major purchase index suggests potential increased spending on high-value items, which could benefit retailers. However, concerns over the cost-of-living crisis continue to weigh on consumer confidence, with many people tightening their belts and cutting non-essential spending. Read more in this article: https://heyor.ca/OMqVvx #Mirror #ConsumerConfidence #PersonalFinances #Sales

Latest #ConsumerConfidence figures are out. Brits are a bit more optimistic. Read the full story

The headline (but you need to read beyond it): "Consumers’ optimism about both present and future conditions pulled back"; while not an upbeat report, here is additional commentary: "Consumer confidence has been moving sideways in a relatively stable, narrow range since 2022. January was no exception. The Index weakened for a second straight month, but still remained in that range, even if in the lower part." Worth reading - and not reacting. See

📊 July's Consumer Confidence Sees Modest Rise The Conference Board Consumer Confidence Index edged up to 100.3 in July from 97.8 in June. Despite this increase, confidence remains within the narrow range seen over the past two years. Chief Economist Dana M. Peterson noted, "Consumers remain relatively positive about the labor market but are still concerned about high prices and interest rates." #ConsumerConfidence #EconomicTrends #LaborMarket #FinancialOutlook

💲 High consumer spending is a sign that high interest rates haven't crushed the economy. The Federal Reserve's "soft landing" is still in sight. #economists #economicnews #interestrates #babysteps #ramseypro #feeonly #advisor #investing #financialplanning #independentadvisor #porteravenue #fiduciary #investingstrategy

SIPP balances have fallen in 2024 from 2023, showing the fight for consumer retention is expanding. The Online Investing Report 2024 delves into product averages across the investing market, so that providers are best equipped to drive engagement and growth. Speak to us today about how the report can support you in 2024. https://lnkd.in/ekR9fSH2

WEEKLY MARKET MINUTE Personal income, spending, and savings data revisions were released last week. This update changed the level of income meaningfully, resulting in higher y/y growth rates on a nominal and inflation-adjusted basis. Notably, spending data featured smaller upward revisions than income, leaving the personal saving rate much higher than what had initially been published. #weeklymarketminute Author: Joseph Khoury