Consumer Spending

Businesses Are ‘Extremely Cautious’ Heading into New Year

American businesses are remaining "extremely cautious" as they head into the new year as recession fears continue to weigh heavy for 2023. One of the most hotly debated topics of 2022 has been the question of whether or not the U.S. economy is in recession. Yet corporate America is bracing…

India Increases Festival Spending despite Red-Hot Inflation Concerns

Consumer spending is increasing in India during the Hindu festival season, despite major concerns about red-hot and rising inflation. The festival season started began in September, with sales already exceeding pre-Covid spending. Online and offline sales are projected to exceed $27 billion in November. Offline festival sales have totaled nearly…