Today in data, continued inflation and fears of a recession have contributed to a drop in the Consumer Confidence Index. Data $267.2B: Orders last month for manufactured durable goods, a sign that consumers were still spending despite inflation 98.7: The Consumer Confidence Index, down from 103.2 last...
Today in data, research shows the number of consumers making online food and retail purchases is growing each month. Data 19M: Increase in the number of consumers who banked, shopped and paid bills online in May 43%: Share of U.S. consumers who shopped online in...
Today in Data, new research shows a majority of American consumers who live paycheck to paycheck dealt with some sort of financial disruption in the last six months. Data 157M: Number of American adults who live paycheck to paycheck 61%: Share of population using the...
Today in data, new research shows a majority of consumers have at least one relationship — rewards card, subscription, etc. — with a merchant. Data 166M: Number of Americans who have an Amazon Prime subscription 80%: Share of millennial consumers who say they are likely...
Today in Data, new research shows American diners displaying a preference for chain restaurants, and personal service. Data 60%: Share of consumers who reported only eating at chain restaurants in the past 30 days 58%: Portion of consumers who say more technology inside restaurants yields...
Today in data, Microsoft is limiting its use of facial-recognition software. Also, the Federal Trade Commission tells Congress that artificial intelligence shouldn’t be relied on for policy-related decisions and Lowe’s jumps into the metaverse with the launch of a home décor tool. Data 82: Number...
Today in data, cryptocurrency firms are scaling back their marketing efforts as a potential so-called “crypto winter” looms, while cryptocurrency lender Babel Finance is reaching agreements to repay some debts after freezing withdrawals on its platform. Plus, Elon Musk is reaffirming his support of dogecoin...
Today in data, with inflation driving up the cost of food and fuel, consumers are seeking new ways to cut costs. Data 600,000+: New families signing up for grocery chain Kroger’s gas rewards program in the first quarter 11%: Year-over-year increase in grocery prices as...
Today in data, Grubhub partners with self-driving robotics company Cartken to offer autonomous deliveries on college campuses. Plus, retailers hope shoppers will tap into unprecedented home equity this summer as an economic recession looms, and Target is launching its own private-label adult beverage line in...
