10min chapter

Goldman Sachs Exchanges cover image

Can the US consumer stay strong?

Goldman Sachs Exchanges

CHAPTER

Shifts in Consumer Spending Behavior

This chapter analyzes the evolving consumer behavior in the retail market, emphasizing a transition from discretionary spending to essential goods in response to inflation. It highlights the increasing preference for private label products as consumers seek affordability and discusses the implications for various retail sectors. The speakers also address the distinct purchasing trends between high-income and low-income consumers and how companies are adjusting strategies to navigate these challenges.

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