Macy’s and Target signal potential consumer spending slowdown with cautious sales forecasts amid inflation and economic uncertainty.
A resilient consumer could become a more budget-conscious one this year, experts warn.
Consumer spending outlook for 2024 remains mixed.
Consumer confidence improved in August, with retail sales enjoying a boost of 4.1 percent in line with yearly growth.
Macy’s and Target signal potential consumer spending slowdown with cautious sales forecasts amid inflation and economic uncertainty.
A resilient consumer could become a more budget-conscious one this year, experts warn.
Consumer spending outlook for 2024 remains mixed.
Consumer confidence improved in August, with retail sales enjoying a boost of 4.1 percent in line with yearly growth.