Consumer spending in decline — TheHill.com

Photo by Karolina Grabowska

Inflation continues to impact consumer spending with recent studies showing decreases in most categories:

“‘A downshift in spending attitudes should come as no surprise,’ EY-Parthenon senior economist Lydia Boussour said in a note. ‘The cumulative effect of historically high inflation, rising interest rates, and reduced access to credit is already taking a toll on consumers’ ability and willingness to spend.‘”

Our How to Navigate Walmart’s Supply Chain course gets your team up to speed and in compliance with Walmart’s standards.