The numbers: A survey of consumer sentiment rose to 64.6 in January and hit a nine-month high, reflecting easing worries about inflation and Americans’ greater confidence in their own finances. Read more
Tag: Consumer Products
Inflation slows again at the end of 2022 and clears path for slower Fed rate hikes
The numbers: The U.S. cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation Read more
18 stock picks in a ‘Goldilocks’ scenario for U.S. consumers
It may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while the Federal Read more
Here are MarketWatch’s most popular Moneyist advice columns of 2022
What fresh shenanigans and money dilemmas enthralled readers in 2022? Another year of broken promises, dodgy dealings and moving letters about how to get back on one’s feet after divorce, Read more
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% Read more
Consumer sentiment creeps up at year end as worries about inflation ease
The numbers: A survey of consumer sentiment rose to 59.7 in December, buoyed by falling gas prices and a rebound in stocks earlier in the month. Yet Americans are generally Read more
High U.S. inflation is on the wane, PCE price gauge shows
The numbers: A key gauge of U.S. prices rose just 0.1% in November, marking the fifth month in a row in which inflation eased after peaking at a 40-year Read more
Consumer spending barely rose at start of holiday shopping season
The numbers: Consumer spending rose a tepid 0.1% in November, suggesting greater caution by households and heavy discounting in the holiday shopping season. Analysts polled by The Wall Street Journal Read more
Consumer confidence hits 8-month high as worries about inflation and recession fade
The numbers: A survey of consumer confidence jumped to a eight-month high of 108.3 in December, reflecting fewer worries about inflation and more optimism about jobs and the economy. The Read more
Nike destroys earnings and sales expectations, stock gains
Nike Inc.’s stock rose nearly 8% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher than Wall Street expected, though inventories Read more