Name: Back To School & Consumer Spending
Uploaded: 2023-08-15T17:18:34.251
Duration: 7 min 51 s
Description: Despite financial concerns and lingering inflation, consumers are still likely to spend for back to school. Over half of consumers think their financial situation will get better looking forward. Katie Thomas says that Amazon's Prime Day indicated that deals are appreciated. Compared to 2022, retail sales make up 3.7%. Thomas also states that premium and value retailers are doing well.

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Despite financial concerns and lingering inflation, consumers are still likely to spend for back to school. Over half of consumers think their financial situation will get better looking forward. Katie Thomas says that Amazon's Prime Day indicated that deals are appreciated. Compared to 2022, retail sales make up 3.7%. Thomas also states that premium and value retailers are doing well.

Back To School & Consumer Spending

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.