Consumer Attitudes & Behavior

NEW YORK — Any hope that consumer spending will improve may be dampered by predictions of rising gas prices. 

Nielsen predicts that in the United States, Nielsen noted, households could be paying an extra $52.50 with a 50-cent increase in gas prices, $105 with a $1 increase and $210 if prices jump up $2, prompting consumers to tighten their wallets. This will mirror historic trends, which include increased trip compression, more value-conscious shopping alternatives and increased use of coupons, Nielsen said.

NEW YORK — A report released by payment system provider ACI Worldwide found that many retail loyalty programs leave consumers feeling underappreciated and many consumers are enrolled in a program they don’t completely understand.

WASHINGTON -- Consumers can expect to find less packaging with their food and beverages in the coming years as manufacturers look to eliminate waste. The Grocery Manufacturers Association found that by 2020 2.5 billion pounds of waste is expected to be avoided by 2020.  This is on top of the 1.5 billion pounds of packaging avoided since 2005.

New York City -- The Labor Department’s Producer Price Index rose last month, primarily due to higher energy costs and the biggest rise in food prices in 36 years, USA Today reported.

Food prices rose 3.9% last month, the highest increase since November 1974.

The steep rise was due, in large part, to higher vegetable costs, which were up nearly 50%.

SAN FRANCISCO -- In what can only be a sign that the economic health of the country is improving -- at least for for higher-income consumers, Williams-Sonoma announced that net revenues for the fourth quarter of 2010 increased 9.7% to $1.195 billion versus $1.09 billion in the fourth quarter of 2010, including Internet net revenue growth of 27.2% and a comparable-store sales increase of 5.2%.

Diluted earnings per share on a GAAP basis were $1.05 for the quarter compared with 81 cents for the same period last year.

COLUMBUS, Ohio -- Label-lovers aside, designer shoes -- even discounted designer shoes -- are considered discretionary items by most consumers, and the fact that DSW had such a strong quarter is indeed a good sign that the middle-income consumer is feeling more confident about her economic situation.

NEW YORK -- The Deloitte Consumer Spending Index offered some hope that the economy is improving, however consumer spending not likely to reach pre-recession levels anytime soon. The Index, released Monday, rose in February, driven primarily by the slight improvements in real home prices and initial jobless claims, according to the company.

The Index attempts to track consumer cash flow as an indicator of future consumer spending.

New York City -- A report released Tuesday by payment system provider ACI Worldwide found that many retail loyalty programs leave consumers feeling underappreciated and many consumers are enrolled in a program they don’t completely understand.

New York City -- The Deloitte Consumer Spending Index, released Monday, rose in February, driven primarily by the slight improvements in real home prices and initial jobless claims, according to the company.

The Index attempts to track consumer cash flow as an indicator of future consumer spending.

Ann Arbor, Mich. -- A report released Friday by Thomson Reuters/University of Michigan showed that confidence among U.S. consumers fell more than forecast in March, precipitated by a surge in fuel prices.

The Thomson Reuters/University of Michigan Consumer Sentiment Index fell to 68.2, the lowest in five months, from 77.5 in February. The gauge was projected to decline to 76.3, according to a Bloomberg News survey. The index of expectations plunged to the lowest level since March 2009.