For the second time in three months we're seeing a surge in U. S. consumer spending going forward.
But even as ChangeWave's February survey shows increased momentum in terms of actual spending, consumer expectations for the economy are slowing.
Importantly, the survey of 2,739 U.S. consumers – completed February 9 – points to an uptick in several spending categories, and two major retailers are the key beneficiaries of the February upswing.
Report details include:
- Changes in Overall U.S. Consumer Spending
- A Comparison: Consumer Spending Behavioral Forecasts – Past 3 Years
- Consumer Spending on Electronics, Household Repairs, Travel/Vacation, Restaurants, Autos and other categories
- Next 90-day spending projections for several major retailers including Amazon (AMZN), Apple (AAPL), Bed, Bath and Beyond (BBBY), Best Buy (BBY), Costco (COST), JC Penney (JCP), Macys (M), Nordstrom (JWN), Target (TGT) and Wal-Mart (WMT)
- Leading Home Entertainment Retailers
- Changes in Consumer Sentiment and Expectations
- Changes in Consumer Confidence in the Stock Market
- Consumer Satisfaction with Personal Finances and Job Security
- Impact of the Economy on Investors – including Money Inflows and Outflows
- A Look at Inflation and Higher Energy Prices
Companies in the Report:
AMAZON (AMZN), APPLE (AAPL), BED BATH & BEYOND (BBBY), COSTCO (COST), J. C. PENNEY (JCP), MACY'S (M), NORDSTROM (JWN), TARGET (TGT), WAL-MART (WMT)
The complete Consumer Spending Report is available here.
|