U.S. Household Finances & Consumer Spending Report
Elevated inflation remains top of mind for the U.S. consumer, with rising prices for a multitude of goods and services increasingly influencing household spending, balance sheets, and future purchase considerations. Our latest U.S. Household Finances & Consumer Spending Report provides a detailed assessment of consumers’ self-reported household financial conditions and buying patterns across a variety of categories of goods and services.
- A growing share of consumers are falling behind on monthly expenses as inflation continues to erode purchasing power.
- Gas and food spending continue to take up a growing share of wallet for U.S. households.
- Rising prices and dimming views on buying conditions coincided with a decline in purchasing intentions for furniture and new or used vehicles.