Explore the consumer discretionary sector, its impact on economic growth indicators, and why spending varies with income ...
Reviewed by Robert C. KellyFact checked by Suzanne KvilhaugReviewed by Robert C. KellyFact checked by Suzanne Kvilhaug An inferior good is an economic term that describes a good whose demand drops ...
Washington, DC – A new Consumer Reports (CR) investigation uncovered that Kroger grocery stores collect extensive customer data and use it to make detailed inferences, such as by using an “income ...
Inflation, job concerns, and already high interest rates are putting the squeeze on many American consumers. Now, even high earners, defined as people with incomes of $150,000 or more, are showing ...
Not only low-income shoppers are hunting for deals these days. Better off consumers are also flocking to discount stores to save a few bucks. Since 2021, budget retailers have seen a large influx of ...