2024-01-16 | consumers economy spending
... ightly to 3.0% while it declined for food to 5.4%, clothing to 2.3%, transportation to 4.6%, medical care to 4.1%, utilities to 4.4%, and recreation to 2.6%.Differentiating spending on essential and non-essential items, the median year-ahead expected change in everyday essential spending dropped to 4.5% in December from 4.8% in August, its lowest reading since December 2020 but well above pre-COVID levels. The median expected change in spending on non-essential items over the next year instead remained unchanged at 1.9%.The average reported likelihood of making a large purchase over the next f...
2022-04-25 12:00:00 | sustainabillity
... In addition, collaboration with government agencies can lead to more targeted policies, incentives and research, even on major social issues such as clean transportation. Recognition of the impact of corporate sustainability has the potential to grow, especially among certain demographics. Older, rural, and white consumers are less likely to believe society is a positive influence, reflecting the demographic gap above. Even more surprisingly, women are also significantly less likely than men (38% versus 49%) to respond positively. These results indicate that companies can find suitable way...
2021-09-09 | retirement
... ...
2021-08-16 12:00:00 | recreation
... they will travel on Labor Day, 36.95% plan to do it primarily by car. Another 12.08% will travel primarily by plane, while the remaining 4.03% will primarily use public transportation. Most Have Delta Variant Concerns for Labor Day Plans and Travel Three out of every four American adults say the Delta variant is either a slight concern (47.29%) or a big concern (28.02%) when considering Labor Day plans. Additionally, almost 50% of American adults say contracting Covid-19 or a friend or family member contracting Covid-19 is a concern when considering Labor Day travel. Despite the concerns...
2021-07-06 09:08:22 | transportation
... ant to do your research on available incentives, getting competitive quotes for your trade-in will be the smartest way to guarantee the biggest discount on your next vehicle." Source: Edmunds...
2021-06-22 09:08:19 | transportation
... fourth highest-priced models within the segment include the GMC Yukon XL ($79,695) and Yukon ($77,031), both priced substantially above the industry and segment average. Source: Kelley Blue Book ...
2021-05-28 | consumers investing
... mpared to the previous quarter's atypical pattern. One exception to this cutting back was on savings and investments, which accounted for 9% of budgets in Q1, up +1 ppt from Q4 2020 and +2 ppts year over year. Source: The Conference Board...
2021-04-20 12:00:05 | travel
... ng the week commencing March 22, 2021, for searches made by U.S. travelers from January 1, 2021 through March 26, 2021 for travel between June 1, 2021 through August 31, 2021. Source: Tripadvisor...
2021-04-15 12:00:00 | transportation
... 54,000) has shifted the average transaction price of the segment as a whole. Lower prices for the Porsche Taycan also helped drive down average pricing in the segment. Source: Kelley Blue Book ...
2021-04-08 14:00:00 | retail travel
... sumer behavior since April 2020, about how COVID-19 has impacted their outlook and preferences. Source: IBM...
2021-04-06 16:00:00 | consumers lending
... s means Americans are now approaching an average payment of $600/month for new cars and more than $400/month for used vehicle purchases. “For most people, having our own form of transportation is a critical staple when it comes to meeting many obligations – across both our personal and professional lives – and we don’t think access to it should come at the cost of anyone’s financial well-being,” said Anthony Noto, CEO of SoFi. “We know lowering monthly payments on a loan that was used to finance an expensive, yet often depreciating, asset is a smart decision that can make a ve...
2021-03-31 | employment
... 53,000 Education/health services 68,000 - Health care/social assistance 66,000 - Education 2,000 Leisure/hospitality 169,000 Other services 22,000 * Sum of components may not equal total, due to rounding. - Franchise Employment** Franchise jobs 15,500 **Complete details on franchise employment can be found here."We saw marked improvement in March's labor market data, reporting the strongest gain since September 2020," said Nela Richardson, chief economist, ADP. "Job growth in the service sector significantly outpaced its recent monthly average, led wi...
2021-03-12 | transportation
... hind with more than 14% growth year-over-year in average transaction prices. High performance cars saw the largest drop in average transaction price in February at 6.17%. Source: Kelley Blue Book...
2021-02-09 | investing
... ove this decline. With these housing savings, total spending on essential goods and services (including food/beverage at home, routine transportation, education, and medical) fell −4.1 ppts in Q4 2020 compared to Q2. Consumers shifted their spending, in large part, to discretionary products (+3.8 ppts)—including electronics and, especially, apparel. Political stability and climate change climbed on the list of US consumers' top concerns over the next 6 months: In the aftermath of a highly contentious election, 9% of consumers in Q4 2020 named political stability their top wor...
2021-02-03 01:22:28 | economy employment
... ness services 40,000 - Professional/technical services 16,000 - Management of companies/enterprises 1,000 - Administrative/support services 24,000 Education/health services 54,000 - Health care/social assistance 48,000 - Education 6,000 Leisure/hospitality 35,000 Other services 10,000 * Sum of components may not equal total, due to rounding. Source: ADP...
2021-01-25 09:21:00 | transportation automation
... s are taking notice: 80% of franchised dealers surveyed in the DoEER study indicated they plan to offer even more parts of the purchase process online in the next 1-2 years. Source: Cox Automotive...
2021-01-21 14:00:00 | transportation spending
... now, but people have been cooped up for nearly a year. They might choose to shift their spending to experiences rather than goods, which could be a threat to car purchases." Source: Edmunds.com ...
2021-01-11 14:59:00 | transportation
... re a vehicle is picked up from a home or office when it needs service. Consumers in the U.S. (46%) are largely in favor of the added convenience, provided it comes free of charge. Source: Deloitte...
2021-01-10 10:00:00 | transportation
... ponses from 11,209 new vehicle shoppers who indicate they will be in the market for a new vehicle within the next 24 months. The study was fielded from October to November 2020. Source: J.D. Power...
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