Hacker News with Generative AI: Consumer Spending

Groceries in the U.S. remain expensive; more states want to stop taxing them (apnews.com)
The number of states imposing sales taxes on groceries has shrunk over the years, and the number may decrease further in the coming months as lawmakers hear complaints about high prices for eggs and other household staples.
Groceries, Sales Tax, Economics, Consumer Spending, Government Policy
21 points by petethomas 29 days ago | 7 comments
Wealthy Americans fuel half of U.S. economy consumer spending (bloomberg.com)
Industries get recalibrated, economic signals get crossed, and the social fabric begins to fray.
Economy, Consumer Spending, Wealth Inequality
48 points by walterbell 32 days ago | 85 comments
India: A billion people have no real money to spend, says report (bbc.com)
India is home to 1.4 billion people but around a billion lack money to spend on any discretionary goods or services, a new report estimates.
India, Economics, Poverty, Consumer Spending
37 points by thunderbong 35 days ago | 45 comments
Dollar General warns poorer US consumers are running out of money (ft.com)
Economy, Consumer Spending, Retail, Poverty
16 points by paulpauper 216 days ago | 9 comments
Consumer Price Index slows below 3% for first time since March 2021 (cnn.com)
Economics, Inflation, Consumer Spending
8 points by paulpauper 231 days ago | 1 comments
US Consumers Are Increasingly 'Tapped Out' (investopedia.com)
Consumer Spending, Economics, United States
10 points by paulpauper 248 days ago | 2 comments
BestBuy set for 10th straight quarter of sales drop on weak electronics spending (yahoo.com)
Retail, Economics, Consumer Spending, Technology
18 points by keploy 309 days ago | 66 comments
Long-predicted consumer pullback hits restaurants like Starbucks and McDonald's (cnbc.com)
Consumer Spending, Fast Food, Restaurants, Economics
21 points by paulpauper 335 days ago | 10 comments