inflation

As Retail Sales Miss Expectations, Is a Summer Slowdown in Sight?
As Retail Sales Miss Expectations, Is a Summer Slowdown in Sight?
July 18, 2023  |  Economy

June’s retail sales report missed expectations — and it may be the case that tepid consumer spending, while still increasing, may wind up causing a...

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P.F. Chang’s Joins Restaurants Wooing Deal Seekers With Happy Hours
P.F. Chang’s Joins Restaurants Wooing Deal Seekers With Happy Hours
July 17, 2023  |  Restaurant innovation

With restaurants crunched both by labor and food price challenges, P.F. Chang’s has become the latest restaurant to launch a happy hour deal to draw...

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Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
July 17, 2023  |  Economy

For the first time since 2021, consumers’ wages are exceeding inflation. A report Monday (July 17) by The Wall Street Journal (WSJ) notes that inflation-adjusted average hourly...

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Federal Reserve Bank of Chicago President Optimistic About Inflation Easing
Federal Reserve Bank of Chicago President Optimistic About Inflation Easing
July 14, 2023  |  Economy

The Federal Reserve Bank of Chicago President Austan Goolsbee expressed his optimism regarding the recent consumer-price data, which showed inflation easing. “It’s at least promising that this...

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Americans Get Creative in Stretching Food Budgets Amid Inflation
Americans Get Creative in Stretching Food Budgets Amid Inflation
July 13, 2023  |  Consumer Insights

Americans are becoming increasingly creative in their efforts to stretch their budget. Many are also responding to inflation by just going without, Bloomberg reported Thursday (July...

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High-Income Restaurant Customers Chafe at Tipping Expectations
High-Income Restaurant Customers Chafe at Tipping Expectations
July 13, 2023  |  Consumer Insights

As consumers look to manage their food spending amid inflation, big earners are, ironically, the most likely of all to skip restaurants. By the Numbers...

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Main Street Businesses Could See Relief After June Wholesale Inflation Slows
Main Street Businesses Could See Relief After June Wholesale Inflation Slows
July 13, 2023  |  SMBs

For businesses of all stripes — but particularly smaller Main Street firms — margins are in focus. Inflation has had an impact on these companies,...

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PepsiCo: Grocery Shoppers Switch Merchants to Remain Loyal to Products
PepsiCo: Grocery Shoppers Switch Merchants to Remain Loyal to Products
July 13, 2023  |  Earnings

PepsiCo is seeing consumers comparison shop between different grocery merchants to find the lowest prices on their favorite brands’ products. “We’ve been able to raise prices,...

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Grocery Prices Flatline While Restaurant Inflation Continues to Climb
Grocery Prices Flatline While Restaurant Inflation Continues to Climb
July 12, 2023  |  Economy

As grocery inflation is finally leveling off, at least for the time being, restaurants continue to jack up menu prices, and these increases are sending...

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