Description

Over a year removed from the worst bout of inflation the country has seen in four decades, the US economy has continued to defy expectations.

Amr Hamdi, Finance Analyst

Table of Contents

    • Key issues covered in this Report
  1. Executive Summary

    • Consumer trends: key takeaways
    • Graph 1: opinions on financial future, 2024
    • Graph 2: wages and CPI, percent change from year ago, 2021-23
    • Graph 3: % of consumers concerned about student loan repayments, by generation, 2024
    • Graph 4: planned financial behaviors over the next three months, by household income, 2024
    • Opportunities
    • Graph 5: planned financial behaviors over the next three months, by age, 2024
  2. Consumer Insights

    • Consumer fast facts
    • Consumers’ financial outlooks
    • Graph 6: opinions on financial future, by household income, 2024
    • Change in financial situation
    • Graph 7: change in financial situation over the past 12 months, 2024
    • Graph 8: % of consumers that are financially worse off, by employment status, 2024
    • Graph 9: % of consumers that are financially better off, by marital status, 2024
    • Graph 10: % of consumers that are financially worse off, by generation, 2024
    • Economic concerns
    • Graph 11: top economic concerns ranked, 2024
    • Graph 12: % of consumers most concerned about inflation, by financial situation, 2024
    • Financial behaviors
    • Graph 13: financial behaviors over the past year, 2024
    • Graph 14: planned financial behaviors over the next three months, by household income, 2024
    • Changes consumers would make in their budgets
    • Graph 15: changes consumers have made and would make to their budgets, 2024
    • Graph 16: changes consumers would make if forced to restrict their budgets, by financial situation, 2024
    • Graph 17: changes consumers have made to their budgets in the past six months, by financial situation, 2024
    • Graph 18: changes consumers would make if forced to restrict their budgets, by generation, 2024
  3. State of the Economy

    • Graph 19: quarterly real GDP growth, 2020-23
    • Graph 20: headline CPI, core CPI, and shelter CPI, 2021-23
    • Graph 21: unemployment rate, 2019-23
    • Graph 22: consumer sentiment index, 2021-24
  4. Appendix

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

Market

Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.

Consumer

Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.

Brand/Company

Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.

Data

Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.

Below is a sample report, understand what you are buying.

Click to show report

Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Also, our reports come in PDF, Powerpoint, Word and Excel Databook formats.

Trusted by companies. Big and small.

Bell Logo - Mintel client
Boots Logo - Mintel Client
Kelloggs Logo - Mintel client
Samsung Logo - Mintel client
Nike Logo - Mintel client
Walgreens Logo - Mintel client

Want to speak to us directly?

Contact us on via phone or fill out a form with your enquiry.

Contact Us