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CNN (April 25)

2022/ 04/ 25 by jd in Global News

“Oil prices fell sharply Monday as lockdowns in China stoked concerns that the country’s zero-Covid strategy will sap energy demand in the world’s second-largest economy.” The concerns over China “could create one positive for consumers: They may ease pressure on prices at the pump.” On Monday, “US oil dropped as much as 6.7% to a two-week low of $95.28 a barrel.”

 

Bloomberg (March 27)

2022/ 03/ 29 by jd in Global News

“Prices for some of the world’s most pivotal products – foods, fuels, plastics, metals – are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war back into recession.”

 

Star Tribune (February 21)

2022/ 02/ 23 by jd in Global News

Hit by higher costs for barley, a can shortage and soaring shipping costs, “even the world’s largest beer manufacturers are passing on their higher costs to consumers.” Up to now, “consumers have taken it in stride. Just as higher grocery bills are offset by dining out less, a bigger tab at liquor stores is being absorbed by a lack of travel and entertainment expenses.” Even so, there are worries we may be reaching a turning point where consumption will fall.

 

Reuters (December 13)

2021/ 12/ 14 by jd in Global News

Apple “rose about 11% last week, extending its more than 30% gain for the year as investors remain confident that flush consumers will continue to pay top dollar” for its products.” The company’s “market value hovered just shy of the $3 trillion mark on Monday, following a stunning run over the past decade that has turned it into the world’s most valuable company.”

 

The Economist (October 9)

2021/ 10/ 10 by jd in Global News

“Spending has come roaring back, as governments have stimulated the economy and consumers let rip. The surge in demand is so powerful that supply is struggling to keep up. Lorry drivers are getting signing bonuses, an armada of container ships is anchored off California waiting for ports to clear and energy prices are spiralling upwards. As rising inflation spooks investors, the gluts of the 2010s have given way to a shortage economy.”

 

Philadelphia Inquirer (June 1)

2021/ 06/ 03 by jd in Global News

“After a year stuck at home, consumers who can afford it are ‘revenge spending’ – splurging on items and experiences they were deprived of during the pandemic…. More than half of U.S. consumers expect to spend extra by treating themselves, with higher-income millennials intending to spend the most.” It already shows. “Consumer spending is above pre-pandemic levels across the Philadelphia region and nation.”

 

WARC (May Issue)

2021/ 05/ 27 by jd in Global News

With ad-blocker adoption soaring on mobile devices, “a lighter ad load may prove more effective for brands, with ‘too many ads’ being the most damaging factor for brands according to consumers. A growing focus on audience attention is also emerging, particularly around advertising in quality environments.”

 

Wall Street Journal (April 13)

2021/ 04/ 14 by jd in Global News

“The great car-chip shortage is bad for the auto industry, but only temporarily. The real losers are consumers who need wheels to get back to work.” Investors remain unfazed. “Investors can afford to remain relaxed about the chip shortage… there is an offset for manufacturers: Those cars they do ship this year could carry unusually high margins.”

 

Financial Times (April 3)

2021/ 04/ 05 by jd in Global News

“Trading by amateur US investors has ebbed as popular bets stumble and vaccine programmes prompt consumers to focus on holidays and big purchases rather than have-a-go market speculation.”

 

Guardian (February 10)

2021/ 02/ 11 by jd in Global News

“Across the UK, firms and consumers are discovering costs of Brexit that Mr Johnson denied. That denial was born of a failure to understand the trade-off between regulatory autonomy and market access. The prime minister swapped seamless trade for notional sovereignty and passed the cost on to unsuspecting businesses. Naturally, he wants to blame the EU for any pain. These are not teething troubles in implementation of the deal. They are the deal.”

 

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