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You are here: Home / Archives for consumer spending

consumer spending

Consumers Say Health & Wellness is a Priority; Market to Hit $1 Trillion by 2025

September 8, 2022 by Ted Leave a Comment

Consumers have a new passion for Health & Wellness

Even though consumers report rising financial insecurity as inflation rages on, the Fed keeps raising interest rates, and the economy begins to slow, they say they intend to continue to prioritize spending on health and wellness – a new priority since the onslaught of COVID-19 – according to new research from Accenture. This is potentially good news as more in the custom integration industry look to offer various residential health and wellness solutions as part of a whole-home residential or commercial installation.

See why consumers say health & wellness is a priority

[Read more…] about Consumers Say Health & Wellness is a Priority; Market to Hit $1 Trillion by 2025

Filed Under: Consumer Trends, Economic Trends, Health, News Tagged With: consumer spending, health & wellness

Serve a Luxury Customer? Beware! An Alarming Red Flag Has Just Emerged

April 7, 2022 by Ted Leave a Comment

luxury home
Beautiful luxury villa with pool by the sea

A new analysis that correlates consumer confidence by income level has produced a shocking red flag for any business that offers goods and services to the luxury customer – as do many custom integrators. Fire up your sensors and watch closely to see if clients in your market are subject to this alarming trend.

See more on a shift in the attitude of the luxury customer

[Read more…] about Serve a Luxury Customer? Beware! An Alarming Red Flag Has Just Emerged

Filed Under: Consumer Trends, Economic Trends Tagged With: Axios, consumer confidence, consumer sentiment, consumer spending, economy, Morning Consult, Morning Consult/Axios

As Recession Fears Recede, Consumers are in the Mood to Spend Big This Holiday Season

November 7, 2019 by Ted Leave a Comment

Photo of holiday shopping from Gallup

A new poll from Gallup suggests that consumers are in the mood to spend – and spend generously – at the upcoming holiday season. How much will they spend? What percentage of Americans say they’ll spend less? Or more? Read below to see the results of this surprising poll…

Gallup’s poll suggests a couple of consumer spending records coming…

[Read more…] about As Recession Fears Recede, Consumers are in the Mood to Spend Big This Holiday Season

Filed Under: Consumer Trends, News, Research, Statistics, Survey Tagged With: consumer confidence, consumer sentiment, consumer spending, consumer survey, consumers, holiday sales, retail

New Poll Shows Consumer Mood is Mixed

January 2, 2019 by Ted Leave a Comment

Gallup logoFully 70% of the U.S. economy is based on consumer spending, so economic and market pros watch moves in consumer sentiment closely…and so do I. In a new poll from research expert Gallup, we find consumer sentiment mixed – curiously so, considering how strong the economy seems to be at the moment.

Find out what Gallup discovered about how consumers are feeling right now… [Read more…] about New Poll Shows Consumer Mood is Mixed

Filed Under: Consumer Trends, Economic Trends, Statistics, Survey Tagged With: consumer, consumer sentiment, consumer spending, consumer survey, Gallup

9 Years After Recession, Americans Still Feel Frugal

May 18, 2018 by Ted Leave a Comment

Gallup logoMy grandparents lived through the Great Depression (1929-1939) and it changed their lives forever. As kids, we used to think they were weird. They never threw anything away. Bent nail? “I can hammer it straight again!” Small amount of left-over paint? “You can add thinner and turn it into plenty of white wash.” Hole in a sock? They would darn it! Clearly, dealing with that time of great financial distress changed forever the way they felt about money, spending, and saving.

Since the last recession in 2009, Gallup has been conducting a poll on Americans’ attitude on spending. Read on to see the results – they just might surprise you…

See the results of the latest Gallup poll showing American frugality continues… [Read more…] about 9 Years After Recession, Americans Still Feel Frugal

Filed Under: Consumer Trends, Financial, Research, Statistics Tagged With: consumer, consumer spending

If $100,000 Unexpectedly Dropped into Your Lap, How Would You Spend It?

August 27, 2014 by Ted 3 Comments

Photo of money falling from the skyImagine for a moment that you won the lottery, or gained an inheritance, of a substantial amount of money…say, $100,000. How would you spend it? That was the intriguing question pollster Harris Interactive asked an online panel of U.S. Internet users. Would they buy a new car? Would they remodel their home to add a home theater? Would they buy a nice present for their spouse? Would they donate some or all of it to charity?

Think you know YOUR customer? Then you better check out this survey – the answers to the above scenario may surprise you. [Read more…] about If $100,000 Unexpectedly Dropped into Your Lap, How Would You Spend It?

Filed Under: Consumer Trends, Marketing, News, Research, Statistics Tagged With: consumer spending

Latest CEA Industry Data Shows Shocking Struggles, Are We Headed for a ‘Meltdown’?

July 4, 2012 by Ted Leave a Comment

CEA Line Show LogoOne of the benefits of attending the 2012 CEA Line Show in NYC is that the sponsoring trade group (Consumer Electronics Association) brings their resident economist who provides the latest market research data of where the industry is now…and where he thinks it will be at the end of the year after the holiday selling season. He’s not always right…but he is always interesting. And this year, as always, there was a mixture of good news and mostly bad news.

See the latest CEA data – much of it surprising. Do you agree with their areas of opportunity?… [Read more…] about Latest CEA Industry Data Shows Shocking Struggles, Are We Headed for a ‘Meltdown’?

Filed Under: Associations, Consumer Trends, Economic Trends, Industry Trends, Research, Tech Trends Tagged With: CEA, Consumer Electronics Association, consumer spending, Shawn DuBravac

Don’t Worry About the Top 1% or the Bottom 99% – Worry About the Middle 60%

June 12, 2012 by Ted Leave a Comment

Federal Reserve Board LogoA new report from the Federal Reserve Board shines the light on why the economic recovery is so anemic – middle income families got hit the hardest in the recent financial industry collapse in 2007-2010. And with an economy that is 70% based on consumer spending…this is troubling news for those involved in selling consumer goods and services – such as the consumer electronics industry.

[Read more…] about Don’t Worry About the Top 1% or the Bottom 99% – Worry About the Middle 60%

Filed Under: Consumer Trends, Economic Trends, News, Research Tagged With: consumer spending, consumer survey, Fed, income, middle class, net worth

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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