Consumers

Stocks held by consumer-lending firms fell last week after Wall Street executives warned of lower-income borrowers’ struggling to pay bills. What Happened: Banking executives at a recent Barclays conference in New York noted how delinquencies are on the rise, the Wall Street Journal reported...

Cannabis consumption among adults aged 50 and older is on the rise, according to findings from the University of Michigan's National Poll on Healthy Aging (NPHA). The poll reveals that 21% of older adults used a cannabis product containing THC in the past year, with 12% using it at least monthly....

The average American consumer is more optimistic than expected in September, data shows. According to the University of Michigan’s September Survey of Consumers, the consumer sentiment index rose to its highest level in four months, surpassing economic estimates. This surge reflects...

The consumer outlook for the remainder of 2024 appears to be robust as a firm labor demand indicates higher wages that will lead to more disposable personal income, according to a Goldman Sachs analyst. Despite a higher unemployment rate in April, there is a surplus of 1.6 million jobs in the U.S....

Credit delinquency is on the rise. High credit card rates and enduring inflation are hurting consumers, especially those considered “Gen Z.” Here’s the latest New York Fed data about the American consumer. The Data: The New York Fed's Center for Microeconomic Data released its...

Alcohol is losing ground to Cannabis and affecting demand in the food and beverage sectors, new research shows as Numerator unveils consumer trends in cannabis. This comprehensive survey of almost 6,000 individuals who have used THC and CBD products demonstrates shifts in alcohol consumption, an...

The Census Bureau is expected to publish U.S. retail sales data for April prior to the start of Tuesday's trading session.  Here are five key takeaways for investors ahead of the report and analyst reactions to past releases.  What Investors Need To Know Economists expect retail...

As of early Friday, the University of Michigan announced the preliminary results for October’s Surveys of Consumers. What Happened: The index for consumer sentiment and current economic conditions slightly rose by 2% and 9.4% month-over-month, respectively. This can be attributed to a 23%...

By Oliver Summers In the cannabis industry, knowledge is hard-won. Too often, the conversations I hear in boardrooms among big business executives seek to compare the cannabis industry to others they are familiar with, from alcohol to healthcare. The mistake these executives make is thinking such...

This article was originally published on Weedmaps, and appears here with permission. In the age of COVID-19 and social unrest, many are questioning the systemic racism embedded in industries new and old. Yet, of all of America's essential economies, the cannabis industry, while not...

Retail investors hoping for a busy holiday shopping season will either be extremely encouraged or discouraged, and it all depends upon who they listen to. According to Gadfly's Shelly Banjo, retailers are saying their outlook for the holiday season is the "shakiest" it has been in years. For...

Seventy (70) percent of U.S. consumers are binge-watchers and now binge watch an average of five episodes at a time, and almost one-third (31 percent) binge on a weekly basis, according to a survey by Deloitte. The survey pointed out that 46 percent of Americans now subscribe to streaming video...

According to Robert Drbul of Nomura, the consumer is in a "better position to spend." Drbul added low gas and oil prices will also leave consumers with ‘extra cash to spend' and the low-income consumer should "continue to benefit." The analyst named Amazon....

There was an interesting article in the Wall Street Journal this week about the intense competition among banks to manage the assets of the wealthier clients. Many of them are now offering what they call ‘lifestyle advisory services,' which include everything from planning a vacation to finding the...