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job trends by state metro market
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macro trends

The e-commerce impact beyond Amazon buying Whole Foods

Amazon’s plan to buy Whole Foods foreshadows a period where e-commerce will begin to transform shopping for consumables—exposing them to an impact that is now rapidly advancing in discretionary goods categories from apparel to electronics. The e-commerce impact on the grocery,…



Modest spending through back-to-school headed to holidays

Retail sales gains have moderated near 3.5% growth in the back-to-school third quarter. That’s half a percentage point stronger than a year ago, although brick-and-mortar growth remains much weaker given e-commerce gains. Furniture and home improvement stores are holding up best…


job trends

Outlook supported by job gains despite weak spots

The Fall outlook for consumer spending is being bolstered by sustained job gains at a national level—although pockets of weak growth persist through the country’s mid-section and Northeast states. The weak spots—from Kansas and Wyoming to Alaska and West Virginia—remain depressed…


Consumer price trends

Price threats persist, despite subsiding inflation

Overall consumer price pressure continued to ease through the summer, but remains a real threat to consumer spending in certain categories and a re-emerging threat in food and fuel. Despite the subsiding price pressure, expect the Federal Reserve to remain intent…