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Consumer 
Insights &
Market Intelligence

Market 2021

 

MARKET

And U.S. Data & Trends, Regulation & Legislation

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Market Industry Update

December 6 2021.

The average price per grocery item was up +7.1% vs. year ago and +11.6% vs. two years ago. Consumers are willing to change their habits as prices go up with brand & retailer switching top of list. 1 in 5 consumers say rising prices will have no impact on their alcohol buying behavior while 1 in 10 will stop buying.

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Market Industry Update

November 8 2021.

The U.S. labor market added 531,000 jobs in October versus the previous month – the biggest gain in three months. The unemployment rate fell to 4.6% as the labor market bounces back from a summer lull. Consumers continue to return to office with 1 in 3 going to work normally.

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Covid-19 Economic Impact

October 11 2021.

As Covid-19 cases continue to rise across the country, anxiety over the public health crisis overtook economic concerns. Working Americans had started to trickle back to the office. Lay-offs and the percentage of consumers working remotely stayed near lowest levels since the start of the pandemic.

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Covid-19 Economic Impact

September 8 2021.

The year 2020 created polarizations, specifically regarding financial impact. 1 in 3 consumers feel they were personally impacted by health, job loss, or both. Deals and promotions are necessary to retain financially insecure consumers, as consumers prioritize familiarity during economic challenges.

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Covid-19 Economic Impact

August 9 2021.

Consumer spending on goods and services increased in June, as consumers have pent-up demand and savings that they’re willing to get rid of in the marketplace. Personal income rose, as employers have been boosting pay and benefits in an effort to attract workers amid difficulties filling open positions.

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Covid-19 Economic Impact

July 7 2021.

Consumer spending on services is on the rise as consumers are increasingly comfortable enough to venture back out into public. The higher spending is fueled by rising vaccination rates, falling business restrictions, and ample household savings. For the first time, worries over economic fallout of the pandemic overtook public-health concerns.

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Covid-19 Economic Impact

June 7 2021.

Consumers are likely to have more money to spend after the American Rescue Plan set of another round of financial aid and stimulus. Nearly 1 in 10 consumers spent it on eating out, let by Gen Z, Millennials, and self-described “foodies.”

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Covid-19 Economic Impact

May 5 2021.

There are optimistic forecasts around economic growth, unemployment rates, and consumer spending, but Covid-19 is still a top threat to the US economy.

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Covid-19 Economic Impact

April 7 2021.

While health and economic concerns remain, many consumers have come out of Covid-19 in a better financial position.

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Covid-19 Economic Impact

February 24 2021.

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Covid-19 Economic Impact

February 2 2021.

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Covid-19 Economic Impact

January 20 2021.

Jobless claims were just under 1 million last week. The highest total observed since August. Consumer confidence dropped sharply.  

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Covid-19 Economic Impact

January 6 2021.

787,000 U.S. Jobless Claims Were Filed Last Week. The Stimulus Provided Help For Many And More Help May Be On The Way For Those With Student Loans.  

MARKET ARTICLES 

And U.S. Data & Trends, Regulation & Legislation

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U.S. Oil Price Collapses to Lowest Level Since 1999

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