When asked about spending intentions in August, about 40 percent of consumers in the United States said the intended to spend less on items such as furniture, jewelry, home decorations, and accessories over the course of the next three months. For most categories, a significant share of shoppers expected to spend about the same as they usually do.
Expected change in consumer spending in the United States over the next 3 months compared with usual in 2024, by product/service category
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McKinsey & Company. (August 23, 2024). Expected change in consumer spending in the United States over the next 3 months compared with usual in 2024, by product/service category [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1496907/expected-change-in-spending-by-category/
McKinsey & Company. "Expected change in consumer spending in the United States over the next 3 months compared with usual in 2024, by product/service category." Chart. August 23, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1496907/expected-change-in-spending-by-category/
McKinsey & Company. (2024). Expected change in consumer spending in the United States over the next 3 months compared with usual in 2024, by product/service category. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1496907/expected-change-in-spending-by-category/
McKinsey & Company. "Expected Change in Consumer Spending in The United States over The next 3 Months Compared with Usual in 2024, by Product/Service Category." Statista, Statista Inc., 23 Aug 2024, https://www.statista.com/statistics/1496907/expected-change-in-spending-by-category/
McKinsey & Company, Expected change in consumer spending in the United States over the next 3 months compared with usual in 2024, by product/service category Statista, https://www.statista.com/statistics/1496907/expected-change-in-spending-by-category/ (last visited November 18, 2024)
Expected change in consumer spending in the United States over the next 3 months compared with usual in 2024, by product/service category [Graph], McKinsey & Company, August 23, 2024. [Online]. Available: https://www.statista.com/statistics/1496907/expected-change-in-spending-by-category/