Consumer spending in the United States is showing a positive trend in the beginning of 2022!

2023-09-15
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Author:Wang Meirong
Source: ennews

Since last year, the market environment in the United States has faced many challenges, such as inflation, commodity supply, and recurrent epidemicsDriven by strong consumption at the end of 2021, it maintained a positive trend in the beginning of 2022.

 

Michael, CEO of MasterCard• MibachIn an interview with local media, he stated that,consumerEntering a new year with the momentum of the holiday seasonYear-on-year growth in holiday consumption8.5%),So farThe trend of consumer spending looks like"Relatively positive".Previously, the companyPublishedHoliday salesRelated todata

In the beginning of 2022, US consumer spending is showing a positive trend!

 

miebach callMastercard estimates,this yearconsumerExpenses forMainly from the epidemicAccumulated savings during the periodcapital. COVID-19 casesofA surge,sendconsumerReduced the number of times entering physical storesTheystillmeetingShift expenses towards online channels. consumerI have developed and become accustomed to the mode of online shopping,AndVarious signs indicate that they want to carry out more digital banking and online shopping businesses online.

 

However, with thenovel coronavirusOmicron variants are still widely spread around the world,haveRetailersexpressThis is beneficial for businessesofOperationsAnd productssalesHas caused an impact,And also make the localStores and Distribution CentersThere is a shortage of manpower. But some companies also choose to obtain materials from nearby sources, such asEtsy, some companies choose to increase transportation costs, charter flights, charter ships, etc., such as Amazon, Wal Mart

 

Therefore, in theDuring the 2021 holiday shopping season, although the online shopping volume of American consumers decreased at the end of November, the purchasing volume increased again in the following weeks, which also drove the overall spending level of holiday spending in 2021. It is reported that e-commerce spending in the United States exceeded $200 billion in 2021.

 

However, behind the seemingly positive consumer spending in the United States, some issues still cannot be ignored. Last Friday,US Department of CommercestillThe report states that,last yearDecemberUnited StatesThe decline in retail sales far exceeded expectations, as soaring prices significantly reduced expenses.Recently, natural disasters have also had an impact on the lives of local people. Sellers engaged in this market should not only see their positive development, but also take effective measures to address potential issues.


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