Tag Archives: consumer spending

Fung Global Retail & Technology Sees Spending On Home Goods Driving Near-Term Sales Gains

From Forbes.com on March 31, 2017…

Consumer confidence continues to fluctuate, but remains well above the 13 month average. What does it mean for spending? Deborah Weinswig, Managing Director of Fung Global Retail & Technology, weighs in on consumer confidence, spending, and autos.

Prosper Consumer Confidence: Post-election economic sentiment continues to fluctuate: in April 53.7% report that they are confident/very confident, down four points from March. Despite declining month over month, sentiment is tracking 15%+ higher year over year and remains well above the 13 month average (47.8%). At 68.4%, confidence among small business owners is also down from last month (72.0%). “One month does not a trend make and we would look at the substantial year over year increases in these metrics as a bullish sign for the US economy. Continue reading…

confidence-Apr17.fw

Latest Consumer Analytics Indicate A Glass Half-Full Start To Spring

From Forbes.com on March 31, 2017…

Consumer confidence is at a 15-year high and Prosper’s Impulsivity Score and Consumer Mood metric are up as well. Deborah Weinswig, Managing Director of Fung Global Retail & Technology, weighs in on the state of the US consumer with the arrival of the spring shopping season.

Prosper Consumer Confidence: Heading into spring, sentiment climbs 7+ points m/m to 57.8% who are confident/very confident in the economy in March. This month’s reading represents a 15-year high (March 2002 = 61.1%). At 72.0%, confidence among small business owners is up from last month (62.2%). “The glass is certainly half full in 2017, based on Prosper’s confidence indicator among both consumers and small business owners. With optimism riding higher, we could see continue reading…

Auto Outlook Remains Vibrant Heading Into Spring Selling Season

From Forbes.com on March 3, 2017…

Consumer confidence continues to decline from December’s peak but February’s reading represents a 19% surge over last year. Deborah Weinswig, Managing Director of Fung Global Retail & Technology, weighs in on the evolving state of the US consumer in 2017. Continue reading…

Confidence and Spending Intentions Looking Good Heading Into 2017

From Forbes.com on February 3, 2017…

Consumer confidence cooled a bit in January, but stayed well above the 13 month average. What does it mean for spending? Deborah Weinswig, Managing Director of Fung Global Retail & Technology, weighs in, plus she takes a special look this month at how consumers feel overall about their personal financial security. Continue reading…

Overt Signs Of Growing Optimism In December’s Leading Indicators

From Forbes.com on January 10, 2017…

In 2016, many retailers found themselves at the low end of estimates. Had they had the right predictive analytics, they could have understood the market better and managed accordingly. Deborah Weinswig, Managing Director of Fung Global Retail & Technology, weighs in on some of Prosper’s key predictive analytics and provides much needed knowledge for retailers. Continue reading…