HomeLifestyleRetailThe Consumer Gravitated Towards Goods Rather Than Services

The Consumer Gravitated Towards Goods Rather Than Services

The U.S. consumer has remained resilient despite macro challenges, notes Jharrone Martis. She discusses 2023 retail headlines. She talks about how higher inflation caused the consumer to think twice about and become pickier about spending. She highlights that after two years of being cooped up at home, the consumer gravitated more towards services rather than goods. She evaluates consumer credit card debt. She also looks at what’s next for Amazon (AMZN). Tune in to find out more about the stock market today.

Market On Close

02 Jan 2024

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