The US is undoubtedly heading for a recession which will hit consumer spending. However, this is different from the financial crisis of 2008-09. Fiona O’Donnell, Mintel Director of US Reports, provides an overview of the key indicators that predict consumer spending patterns.

About the Author

Fiona O’Donnell

Fiona O’Donnell

Fiona O’Donnell is the Senior Director of Lifestyles, Culture & Identity, Multicultural, and Travel & Leisure reports at Mintel.

Mintel Store

Get instant, in-depth market intelligence without a subscription. Buy a Mintel Report today for immediate access to:

  • Consumer insights
  • Market size, share and forecasting
  • Competitor intelligence and analysis
  • Innovation trends
  • Strategic recommendations for market growth

Related Insights

Article
We’ve long known that the climate crisis is upon us, and its economic impact is undeniable.  Overall financial losses in 2022 due to climate change were estimated at $270…
Article
Table of Contents The 2024 Budget: the changes that count for consumers Consumer confidence: defying broader economic gloom… …but almost everyone is still being squeezed by the…
Article
The UK slipped into a technical recession in the final quarter of 2023 according to new data from the Office of National Statistics (ONS). The fall in economic output…
Article
When the calendar turns over every year, consumers find comfort in numbers: pounds to lose, drinks to not drink, and in 2024 – dollars to save. Mintel research shows…