Inflation

New IRI Research Reveals Consumer Sentiment Has Bounced Back in Q2 2021; Confident Pet Parents Are Spending to Keep Pets Happy

Monday, August 2, 2021 - 2:05pm

The Consumer Sentiment Index is up seven points in July 2021 compared to July 2020.

Key Points: 
  • The Consumer Sentiment Index is up seven points in July 2021 compared to July 2020.
  • While some experts still have concerns surrounding inflation, one category that has not been impacted is pet products.
  • Despite consumer optimism and the return to some pre-pandemic behaviors, results from the Q2 Consumer Connect survey reveal that other 2020 shopping trends are sticking around.
  • When shopping for pets, consumer purchase decisions are driven by health and nutrition first, followed by pet preference and price.

New IT Spending Survey Shows Recovery in IT Spending for 2021, Avasant Research Finds

Thursday, July 29, 2021 - 9:00pm

So even where vaccine rollouts are slow and lockdowns are still in place, IT budgets are going up.

Key Points: 
  • So even where vaccine rollouts are slow and lockdowns are still in place, IT budgets are going up.
  • A full three- quarters of companies are planning IT operational budget increases, with only 16% planning budget cuts.
  • "Of course, fighting inflation beats fighting the pandemic," said David Wagner, senior research director at Computer Economics, a service of Avasant Research, based in Los Angeles.
  • The study provides IT spending and staffing benchmarks for small, midsize, and large organizations and for 28 sectors and sub-sectors.

Top Consumer Trends for 2021 in the US Outdoor Living Products Market - ResearchAndMarkets.com

Monday, July 26, 2021 - 4:37pm

The "US Outdoor Living Products Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "US Outdoor Living Products Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
  • This industry study analyzes the $33 billion US outdoor living products market.
  • The study analyzes the US market for consumer-grade outdoor living products for residential do-it-yourself (DIY) applications, and excludes products intended for professional or commercial use.
  • Historical data are provided for 2019 and 2020 and forecasts for 2021 and 2025 for outdoor living products at the manufacturers' level in current dollars (i.e., not adjusted to account for inflation).

Results of the ECB Survey of Professional Forecasters in the third quarter of 2021

Sunday, July 25, 2021 - 12:36am

23 July 2021

Key Points: 
  • 23 July 2021

    In the ECB Survey of Professional Forecasters (SPF) for the third quarter of 2021, HICP inflation expectations stood at 1.9%, 1.5% and 1.5% for 2021, 2022 and 2023, respectively.

  • Compared with the previous round for the second quarter of 2021, these were revised upward by 0.3 percentage points for 2021, 0.2 percentage points for 2022 and 0.05 percentage points for 2023 (unchanged rounded to the first decimal point).
  • Longer-term inflation expectations for 2026 stood at 1.8%, revised up from 1.7% for 2025 in the previous round.
  • These expectations imply that economic activity will surpass its pre-pandemic level (fourth quarter of 2019) in the fourth quarter of 2021, one quarter earlier than previously expected.

US $12.2B Home Organization Products Market 2021-2030 | Amazon, Bed Bath & Beyond, IKEA, Lowe's, Walmart - ResearchAndMarkets.com

Friday, July 23, 2021 - 5:04pm

Office products are also excluded from this study, as it is difficult to know the final end use for these items.

Key Points: 
  • Office products are also excluded from this study, as it is difficult to know the final end use for these items.
  • However, products that turn non-office rooms into multifunctional spaces would fall into the scope.
  • Sales of for home organization products is examined by product and market in US dollars at the manufacturers' level, unless noted otherwise (as in the Retail Sales vs. Manufacturers' Sales section).
  • Historical data for 2010, 2015, and 2020 and forecasts for 2025 and 2030 are presented in current dollars (which are not adjusted to account for inflation).

Insights on the Nerve Monitoring Systems Global Market to 2026 - Increasing Demand for Tele-Neuromonitoring is Driving Growth - ResearchAndMarkets.com

Thursday, July 22, 2021 - 12:20pm

Coverage of regional segments includes detailed analyses of the U.S., Canada, Germany, U.K., France, Spain, Italy, Japan, China and India.

Key Points: 
  • Coverage of regional segments includes detailed analyses of the U.S., Canada, Germany, U.K., France, Spain, Italy, Japan, China and India.
  • For market estimates, data is provided for the year 2020 as the base year and forecast through year-end 2026.
  • Estimated values used are based on manufacturers' total revenues and estimated revenue of specified products.
  • Projected and forecasted revenue values are in constant U.S. dollars that have not been adjusted for inflation.

LODEpay Announces its Summer Silver Squeeze: The Anti-Inflation Event of the Season

Tuesday, July 20, 2021 - 4:49pm

Kicking off the month-long event on August 1st, 2021, LODEpay will match contributions by buying the equivalent sum of silver purchased during this squeeze.

Key Points: 
  • Kicking off the month-long event on August 1st, 2021, LODEpay will match contributions by buying the equivalent sum of silver purchased during this squeeze.
  • The campaign follows LODEpay's previously successful silver squeeze event in May, where over 3,000 ounces of silver were taken off the street and stacked away into the LODE securely vaulted monetary-mass.
  • "The Summer Silver Squeeze is an anti-inflation, anti-devaluation event, an opportunity to stick it to Wall Street and counter price manipulations/suppression in the metals market," added Prouten.
  • Participate in LODEpay's Summer Silver Squeeze by downloading the LODEpay Wallet on Google Play or the App Store to purchase AGX and AUX Coins.

As the Market Struggles International Experts See Strong Positive Outlook for Gold in Short Term

Tuesday, July 20, 2021 - 2:15pm

One follower of the market, the Economic Times, said that Gold prices rose nearly 7 per cent in May, marking the second green candle for the year so far.

Key Points: 
  • One follower of the market, the Economic Times, said that Gold prices rose nearly 7 per cent in May, marking the second green candle for the year so far.
  • According to CFTC data, speculators raised their long positions in COMEX gold and silver in the previous month.
  • Any future comments on inflation and interest rates by Fed officials would also be in focus since gold is used as a hedge against higher inflation."
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Inflation Is Changing Purchasing Behavior For Majority Of Consumers, Numerator Reports

Tuesday, July 20, 2021 - 2:00pm

With inflation up 5.4% in June vs. prior year, the highest mark since the 2008 crisis, there is substantial fear among consumers that inflation will continue and prices of their everyday groceries, services, and other goods will continue to rise.

Key Points: 
  • With inflation up 5.4% in June vs. prior year, the highest mark since the 2008 crisis, there is substantial fear among consumers that inflation will continue and prices of their everyday groceries, services, and other goods will continue to rise.
  • "Over half of consumers have already changed purchasing behaviors in today's inflationary environment.
  • Forward-thinking brands and retailers move at the speed of consumers so the time-to-insight is critical," said Eric Belcher, CEO, Numerator.
  • When comparing across purchasing power groups:
    Low purchasing power consumers are most likely to switch to lower priced brands, but less likely to switch to store brand or to cut back on discretionary spend

Economy Transitioning from Consumer-Led Recovery to More Balanced Growth as Inflation Risks Remain

Monday, July 19, 2021 - 1:30pm

Risks to the forecast are weighted to the downside, including future COVID-19 developments, supply chain and labor shortages, and inflation risk.

Key Points: 
  • Risks to the forecast are weighted to the downside, including future COVID-19 developments, supply chain and labor shortages, and inflation risk.
  • In addition to its upgraded home price growth projections, the ESR Group also lowered modestly its interest rate forecast.
  • Nevertheless, we expect home price growth to become one of the more persistent drivers of inflation going forward, as other, more transitory factors diminish."
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.