Taylor Swift has long been one of the world’s biggest pop stars, setting records for highest-selling albums, singles and stadium tours, as well as becoming the first woman to ever win Album of the Year at the Grammy’s three times. Most recently, Swift’s November 2022 album Midnights dominated the Billboard Hot 100 — and Swift […]
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What is Consumer Sentiment? Consumer sentiment is a measure of consumer attitudes toward a country’s current and future economic health. Measured by survey, consumer confidence accounts for consumer opinions of their own financial health, how the economy is doing now and in the future, and other economic conditions such as interest rates, unemployment and stock […]
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Inflation is impossible to ignore in 2022. We’ve all seen it in the grocery store, at the gas station and on our electricity bills. But there is additional inflation that companies don’t want us to see, that’s called shrinkflation. What is Shrinkflation? Shrinkflation, also known as package downsizing, refers to the act of shrinking product […]
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Based on inflation and consumer confidence data, many economists had anticipated lower consumer spending for the holiday season in 2022, but we’ve actually seen the opposite. Despite inflationary pressures, consumers have ramped up spending and slowed savings in the third quarter of 2022. In fact, Thanksgiving weekend spending in 2022 broke records for both online […]
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What is Black Friday? Black Friday is one of the largest shopping days of the year, taking place on the Friday following Thanksgiving Day, when stores tend to offer deep discounts. It has historically been viewed as the beginning of holiday shopping. In recent years, Thanksgiving weekend sales have expanded from just Black Friday to […]
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