latest news in consumer spending

Economic Strain Leads to Fewer Americans Planning Summer Vacations

Economic Strain Leads to Fewer Americans Planning Summer Vacations

New York, Thursday, 24 April 2025.
A survey reveals that 68% of Americans cite high daily living expenses, rather than travel costs, as the main reason for not planning summer vacations in 2025.

Chipotle Reports Revenue Dip Amidst Consumer Spending Slowdown

Chipotle Reports Revenue Dip Amidst Consumer Spending Slowdown

New York, Wednesday, 23 April 2025.
Chipotle experienced a decline in Q1 2025 same-store sales, its first since 2020, attributed to reduced consumer spending and adverse weather, causing a 5% drop in stock value.