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August 11, 2021
Zartico has announced, 10 August, a new partnership with Affinity Solutions to give DMOs real-time visibility into visitor spending.
July 30, 2021
Economy recovers pandemic losses, but faces new test GDP grew 1.6% in the second quarter of the year – up from 1.5% in the first three months of 2021. FILE -- Shoppers in Miami Beach, Fla., April 29, 2021. Factors like stimulus checks and rising coronavirus vaccination rates lifted the economy in the spring, but the Delta variant is clouding the outlook for the rest of the year.. (Scott McIntyre/The New York Times) By Ben Casselman, New York Times Service updated on Ju...
May 14, 2021
Provided by Dow Jones By Amara Omeokwe U.S. shoppers likely increased spending at retailers in April, as the recovery continued to build strength, though at a slower pace from earlier in the spring when stimulus money arrived at most households. Economists expect a Commerce Department report to be released Friday will show that retail sales -- a measure of purchases at stores, at restaurants and online -- increased by 0.8% in April. That would represent a marked s...
May 1, 2021
From iPads to dresses, Americans flush with cash are stepping up their spending, helping turbo-charge the U.S. economy. The Commerce Department reported
May 1, 2021
Flush With Cash, Americans Are Buying Everything From iPhones To Teslas at 3:12 pm NPR From iPads to dresses, Americans flush with cash are stepping up their spending, helping turbo-charge the U.S. economy. The Commerce Department reported Friday that personal income jumped 21.1% in March â the largest increase on record as the government sent out $1,400 relief payments as part of the $1.9 trillion coronavirus rescue effort. Personal spending also jumped by 4.2%. The sti...
April 30, 2021
Justin Sullivan / Getty Images Originally published on April 30, 2021 5:28 pm From iPads to dresses, Americans flush with cash are stepping up their spending, helping turbo-charge the U.S. economy. The Commerce Department reported Friday that personal income jumped 21.1% in March — the largest increase on record as the government sent out $1,400 relief payments as part of the $1.9 trillion coronavirus rescue effort. Personal spending also jumped by 4.2%. The stimulus checks arrived at...
February 15, 2021
Provided by Dow Jones By Harriet Torry Early signs point to an uptick in consumer spending at the start of the year, particularly by lower- and middle-income households receiving payments through the most recent Covid-19 relief package. Spending by consumers who make less than $60,000 a year jumped by more than 20% in the week ended Jan. 10 -- the week after the U.S. Treasury Department began electronically sending stimulus payments of $600 per adult and $600 per ...
February 14, 2021
By Harriet Torry Early signs point to an uptick in consumer spending at the start of the year, particularly by lower- and middle-income households receiving payments through the most recent... | February 17, 2021
February 8, 2021
Jan. 16 The New York Times·Note: Family incomes are based on the average household ZIP code where a consumer lives. Families living in ZIP codes below $46,000 are reported as "low income," and as "high income" in ZIP codes above $78,000. Figures reflect seasonally adjusted consumer spending as reported by Affinity Solutions. When politicians lack clear answers to such questions, policy choices often rely on intuition and political ideology rather than scientific evidence. The indicators tha...
January 20, 2021
Share it After a year that unfolded unlike anybodys predictions, the retail industry and its analysts are trying to game out what 2021 could look like as COVID-19 continues to surge, vaccines against the disease roll out and anxious consumers pine for life after lockdown. Vaccines that inoculate against the coronavirus could shift many of the trends that 2020 brought, while some changes are likely to remain in place and accelerate as the U.S. and the world try to build a new normal. Categorie...