The hotel industry’s performance is being impacted by reduced travel volume caused by the rising cost of goods and services. So said STR, a provider of data, analytics and insights for the global hospitality industry, and Tourism Economics, a provider of intelligence on the economy...
European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies in the U.K., Switzerland and the European Union, up from 17 in 2022, the Financial Times (FT) reported Sunday (Feb....
Taken as a whole, the Commerce Department’s latest reading on inflation shows a dip below a key psychological level. The Personal Consumption Index, as released Friday (Jan. 26) showed a gain of 0.2% in December, and was up 2.9% from a year ago. That’s below the...
Consumers, looking ahead, think inflation’s growth rate will moderate. But their outlook about the economy right now, and where it’s headed, is muted. To that end, the University of Michigan released its Consumer Sentiment report for September that showed that the overall sentiment was 67.7 points, down...
September 07, 2023
With the advent of remote work, limited time and the increasing demand for convenience, ready-to-eat meals have experienced a surge in popularity among consumers. Cost, too, was a key driving force behind the rise in ready-to-eat meal demand. While restaurant takeout meals provide convenience and variety, they can be costly, particularly with added delivery service […]
August 24, 2023
The ongoing cost-of-living crisis continues to affect consumers across the United States, and having higher incomes does not necessarily shield one from feeling the financial pinch. The ‘New Reality Check:...
June 03, 2024
The hotel industry’s performance is being impacted by reduced travel volume caused by the rising cost of goods and services. So said STR, a provider of data, analytics and insights for the global hospitality industry, and Tourism Economics, a provider of intelligence on the economy and the travel sector, in a Monday (June 3) press […]
February 18, 2024
European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies in the U.K., Switzerland and...
December 12, 2018
France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that have recently hit central Paris. According to Reuters, President...
August 13, 2018
Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July jump is the biggest pick-up...
