Skip to main content
Women's Wear Daily Beauty Inc
Footwear News Sourcing Journal
SUSTAINABILITY SUMMIT: PROMISES VS. PROGRESS Buy tickets to join us April 25

PCE

After rising for four straight months, consumer spending on clothing and footwear fell a 4.2 percent in November to $500.74 billion.

Consumers Pull Back, But We’re ‘Not In a Recession’

In a sign that inflation isn’t curbing all spending, personal consumption expenditures on clothing and footwear increased a seasonally adjusted 0.3 percent in October.

October Data Shows a Resilient Consumer

U.S. consumer spending on clothing and footwear rose for the third consecutive month in September to $500.36 billion, up a seasonally adjusted 1.3 percent from August.

All About September’s $500 Billion Spent on Clothing, Footwear

Following an uptick in July, consumer spending on apparel, footwear and homes goods in the United States declined in August.

US Consumers Had More Disposable Income Last Month

Consumer spending on clothing, footwear and home goods bounced back in July after declining the previous month.

Easing Inflation? Key Indicator Shows Prices Down and Spending Up

With demand squeezed by inflation, U.S. consumer spending on clothing and footwear fell for the second straight month in June.

Inflation Pinched Consumer Clothing and Footwear Spend in June

Despite inflation concerns, consumer spending on clothing and footwear increased 1.9 percent in April to $505.4 billion.

Consumers ‘Taking Higher Prices in Stride,’ Data Shows

Consumer spending on clothing and footwear fell a seasonally adjusted 2.1 percent in February to $498.97 billion.

Inflation Chilled Consumer Spending in February

Rebounding from 6.2 percent declines in December, consumer spending on clothing and footwear, and home goods, increased in January.

Consumer Discretionary Spending Bounced Back in January

Copyright © 2023 Penske Business Media, LLC. All Rights reserved.

Powered by WordPress.com VIP
ad