Tag Archives: consumers

Furniture tariffs take effect as consumers and businesses share costs

Furniture tariffs take effect as consumers and businesses share costs

The Trump administration’s new tariffs on imported furniture, kitchen cabinets and other housewares, along with lumber, took effect Tuesday, added costs that economists say could push up prices for consumers.  Mr. Trump announced the trade measures on Sept. 29, saying the levies are intended to prevent such products manufactured abroad from “flooding” the U.S. “It is a very unfair practice, …

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U.S. consumers expect high prices, weak economy, Deloitte survey says

U.S. consumers expect high prices, weak economy, Deloitte survey says

As the peak holiday shopping season approaches, most U.S. consumers have a downbeat outlook on the economy, according to an annual Deloitte survey published on Wednesday. Most consumers surveyed — 57% — said they expect the economy to weaken in the year ahead, the consulting firm found in a poll of roughly 4,000 respondents. That compares to 30% who expected …

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US Consumers Paying the Most for Tariffs: Wall Street Giant’s Report Exposes Trump Lies

US Consumers Paying the Most for Tariffs: Wall Street Giant’s Report Exposes Trump Lies

New research from investment bank Goldman Sachs affirms, as progressive advocates and economists warned, that US consumers are bearing the brunt of President Donald Trump’s trade wars. As reported by Bloomberg on Monday, economists at Goldman released an analysis this week estimating that US consumers are shouldering up to 55% of the costs stemming from Trump’s tariffs, even though the …

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Goldman Sees US Consumers Paying More Than Half of Trump Tariffs – Bloomberg.com

Goldman Sees US Consumers Paying More Than Half of Trump Tariffs  Bloomberg.com U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says  NBC News US consumers shouldering 55 percent of Trump tariff costs: Goldman Sachs  The Hill Goldman Sachs Report Blows Up Trump’s Key Tariff Claim  The Daily Beast How Much Longer Will Consumers Tolerate Tariffs?  Bloomberg.com Source link

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Lay’s drastically rebrands after disturbing finding: 42% of consumers didn’t know their chips were made out of potatoes

Lay’s drastically rebrands after disturbing finding: 42% of consumers didn’t know their chips were made out of potatoes

Lay’s wants you to remember that it came from humble, homegrown beginnings. PepsiCo, which owns the chip giant, is giving the brand a makeover worthy of a movie montage: stripping its artificial dyes, updating the logo, and putting a potato right there on the packaging. Remember the potatoes. New bags—matte-ified and designed to look like wood planks (like a potato crate)—will hold the …

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Consumers See Higher Inflation in Year Ahead, NY Fed Survey Shows – Bloomberg.com

Consumers See Higher Inflation in Year Ahead, NY Fed Survey Shows  Bloomberg.com Consumer outlook sours as inflation expectations rise, New York Fed survey finds  CNBC Income growth expectations slide to lowest since 2021 amid weak job market  Yahoo Finance NY Fed finds rising worry about state of job market in September  Reuters Consumers Are More Worried About the Labor Market and Inflation, NY Fed …

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Recession warnings are looking flat wrong as consumers power the economy forward – Axios

Recession warnings are looking flat wrong as consumers power the economy forward  Axios No one can seem to kill America’s economy, despite everyone’s best efforts  CNN The wealthiest are boosting the economy, as consumer spending rises again  The Washington Post Rich People Feel Pretty Good Right Now  Bloomberg.com For third month in a row, Americans are spending more than they’re making  marketplace.org Source link

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