consumer News Updates

Business, Logistics

Experts Foresee Strong Demand for Packaged Goods After COVID Subsides

Demand for consumer packaged goods jumped amid the coronavirus, but indications are it will remain elevated even after the pandemic eases.

March 17, 2021
Government, Business

Gasoline Increase Drives 0.4% Boost in Consumer Prices

Consumer prices increased 0.4% in February, the biggest gain in six months, led by a sharp jump in gasoline prices. But core inflation, excluding food and energy, posted a much smaller 0.1% gain, easing fears about a possible sustained acceleration in inflation.

March 10, 2021
Business, Technology, Logistics

Amazon Names Logistics Head Dave Clark New Consumer CEO

Amazon .com Inc. has named logistics boss Dave Clark CEO of its retail business.

August 21, 2020
Government, Business

US Core Consumer-Price Gauge Climbs Less Than Forecast

A gauge of underlying U.S. inflation rose less than forecast in December, restrained in part by a deceleration in shelter costs and underscoring the Federal Reserve’s view that price pressures are muted.

January 14, 2020
Government, Business

Jobs, Stocks Boost Consumers’ Outlook on Economy

American consumers are more upbeat about the economy than at any time in more than a year against a backdrop of steady job gains and record stock prices.

December 19, 2019
Government, Business

US Consumer Comfort Falls to Seven-Month Low on Finance Views

U.S. consumer comfort fell to the lowest level since March as ratings of the economy, personal finances and the buying climate all slumped, a potential sign of faltering in the strong support consumers are giving the expansion.

November 7, 2019
Government, Business

Consumers Gauge Inflation Better Than Economists, CBO Finds

A new Congressional Budget Office research paper showing consumer price expectations better gauged the future direction of inflation than economists’ forecasts over two decades through 2018.

August 6, 2019
Government, Business, Technology

Congress Opens Bipartisan Probe of Competition in Tech Industry

The House Judiciary Committee is joining the rush to investigate big technology companies, with a focus on whether increased concentration in the industry is crowding out competition and hurting consumers.

June 4, 2019
Government, Business

Consumer Sentiment Eased in October; Level Remains ‘Quite Favorable’

U.S. consumer sentiment unexpectedly dipped in October to a still-elevated level amid slightly dimmer views of personal finances and the long-term economic outlook, according to a University of Michigan report Oct. 12.

October 12, 2018
Business

Many Americans Missing Solid Job Market’s Bounty, Fed Poll Shows

Many U.S. households remain in a precarious financial position despite unemployment falling to the lowest level in years, a new Federal Reserve survey shows.

May 22, 2018