Are we turning the page on financial worries? It may not feel like it, yet 1 in 4 consumers are back to their usual spending habits - the highest level I’ve seen since June 2023!
Even just since December, the amount of consumers who say that they are spending has gone up 3 points. Who and what is driving that?
Many of the key economic concerns that I’m tracking are also down in 2024:
Jan '24 vs Oct '23
55% are managing money on a strict budget (- 5pts)
51% are concerned they won’t have enough money in the future (-6pts)
60% are pulling back on going out due to high prices (-4pts from Oct)
Even just since December, the amount of consumers who say that they are spending has gone up 3 points. Who and what is driving that? Always great talking with Haley Bull!
See the full interview here!