June Consumer Spending Report
No Signs Yet of a Summer Bounce for U.S. Consumers

June 15, 2011

Last month we reported a dip in U.S. consumer spending growth as inflation woes escalated. Now our June survey of 2,754 consumers finds yet another weakening of U.S. spending behavior going forward, along with a rapidly escalating deterioration in consumer expectations and confidence.

The June 1-10 survey also shows the slowdown in growth is disproportionately hitting three key spending categories. On the Home Entertainment front, two companies are showing outstanding performance during June, but it's continued tough times for one electronics retailer.

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
  • Impact of Inflation and Higher Energy Prices on Discretionary Spending – including shifts in consumer spending habits and driving behavior
  • 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

Companies in the Report:

AMAZON (AMZN), APPLE (AAPL), BED BATH & BEYOND (BBBY), BEST BUY (BBY), COSTCO (COST), J.C. PENNEY (JCP), MACY'S (M), NORDSTROM (JWN), TARGET (TGT), WAL-MART (WMT)

The complete Consumer Spending Report is available here.



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