Around 12 million Americans take out payday loans to help them pay for monthly expenses.
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Understanding why people underpredict expenses could help them budget more accurately – and even encourage them to save more money.
Wes Mountain/The Conversation
Asked how high an inflation rate Australia should prepare to tolerate, three of the 48 economists nominated 8% or higher. Seven expected inflation to fall without the need for further action.
The Conversation’s best graphs have removed doubt, surprised, and told entire stories.
Red sky at night, federal workers take fright?
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Congress is working on a spending bill to avert another government shutdown. Scholars explain what’s in store if they fail.
To adapt to changing consumer habits during COVID-19, small retailers in Canada have offered services like home delivery and curbside pickup. They may need to continue those practices in the post-pandemic era.
(Maarten van den Heuvel/Unsplash)
The COVID-19 pandemic offers small retailers an opportunity to engage customers who are changing their habits.
Young people have dominated Black Lives Matter protests.
Millennials and Gen Z overwhelmingly support the movement, and consumer brands are well aware of their growing spending power.
The economic and health crisis we are experiencing will push luxury companies to reinvent themselves.
An acceleration of digital development, of the second-hand market and of concentration movements are notably to be expected in the sector.
People need cash in hand.
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An economist specializing in inequality explains how a basic income guarantee is just what low-wage workers and the economy need.
Coronavirus seems to be on a collision course with the US economy and its 12-year bull market.
AP Photo/Ng Han Guan
An economist explains how a virus like COVID-19 could disrupt the US economy – and why it’s too soon to freak out just yet.
Can you really afford a 3D TV set ?
Recent experimental results suggest that distortions in the perception of wealth are linked to fast, inattentive thinking.
Last-minute shopping can be stressful.
Figuring out how much to spend on gifts can be stressful.
Pumpkins are a popular choice for pets.
Halloween is yet another holiday that has become a mere ritual of America’s very conspicuous consumption.
Unmarried parents spend, on average, several hundred dollars less on each child annually.
Single parents and unmarried parents who live together spend less on their children than married parents.
Without consumer demand investments can be bad for firms and bad for the economy.
Investments only makes sense if there are markets for the things those investments will produce. It isn’t clear that there are.
An ice sculpture titled ‘Main Street Meltdown’ melts near Wall Street.
AP Photo/Frank Franklin II
The collapse of an obscure corner of the financial market a decade ago foreshadowed the Great Recession. The stock-market swoon in February should offer a similar warning.
The glum business sentiment is in sectors related to consumer spending.
Business leaders some sectors are feeling less positive about the year ahead because consumers are spending less, according to our analysis of the outlook of leaders of Australia’s ASX 200 companies.
The Lincoln Monument was a casualty of the last shutdown, in 2013.
(AP Photo/Carolyn Kaster
The 2013 shutdown offers some clues as to what the impact will be now after Republicans and Democrats failed to agree to a short-term spending deal.
Ding dong merrily on high, the Christmas tills are ringing.
It might seem ridiculously early, but you may wish to heed the benefits of starting your Christmas shopping early.
Uncertainty can be a drag on the economy.
New research shows uncertainty isn’t the cause of slow economic growth. But that could change if the government isn’t clearer about policies.
It’s important to know what consumers are thinking and feeling.
Economists have been tracking how consumers feel for decades now. But what does it all mean?