PSL

Retail And Autos In Focus: November Interim Sales Trends

Retail sales for black friday hit a new record of $9.8 billion, up 7.5% from a year ago. Costco and the buckle will post monthly same-store sales reports this week. Global automakers will post production and sales figures for the month of november.

Canadian Consumers Still Spending But Inflation Taking A Toll

Home market outlook economy analysis canadian consumers still spending but inflation taking a toll. Maria solovieva, an economist at td, says high inflation is weighing on sentiment in canada. She discusses the economic implications with moneytalk's greg bonnell of the holiday shopping season.

Weekly Report: what happened at PSL last week (1120-1124)?

U.S. sees record Black Friday online sales, driven by price-conscious shoppers

Consumer u.s. Sees record black friday online sales, driven by price-conscious shoppers. Black friday shoppers spent a record $9.8b, up 7.5% from a year ago, adobe analytics says. The top-selling categories were smartwatches, tvs, toys and gaming.

U.S. Consumer Bargain Hunting Continues Into Cyber Monday As Average Discounts Rise

Lseg holiday sales forecast spending for the entire holiday season is only set to rise 1.4% over last year’s sales levels. Cyber monday discounts tend to be an extension of black friday deals. Of the 205 retailers tracked by lseg, the broadline sector is headed for the highest earnings growth rate.

Retail sector in focus as Black Friday shopping kicks off

An estimated 182m people are planning to shop in-store and online from thanksgiving day through cyber monday. Black friday continues to be the most popular day to shop. Americans are expected to spend an average of $875 on gifts over the winter holidays. The s&p 500 consumer discretionary index has soared 33% this year.

U.S. Holiday Sales To Grow As Slowing Inflation Readies Real Sales To Rise

Holiday retail sales are expected to grow 3.3% in 2023, below the pre-pandemic average of 3.9%. Slowing inflation and strong growth of gdp are set to keep labor markets tight, wages growing and consumers spending. Real holiday retail sales expected to rise almost 3.0% in the third quarter of 2023.

Consumer Inflation Is Fading Fast - And Producer Prices Turned Negative

Consumer inflation is fading fast, and producer prices actually declined last month. This means the fed is done raising key rates. Producer prices declined 0.5% in october, the first monthly decline since june. Wholesale gasoline prices declined 15.3% and wholesale prices of imports also declined in october.