People Bought Crocs During the Pandemic. They Haven’t Stopped.
While other brands that thrived with customers in quarantine have dropped off, sales of the easily slipped-on clogs are up nearly 200 percent since 2019.
Posted inBiden, Joseph R Jr Consumer Behavior Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Powell, Jerome H Republican Party Stimulus (Economic) Supply Chain United States Economy United States Politics and Government
Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.
Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
Posted inBanking and Financial Institutions Consumer Behavior Dating and Relationships Inflation (Economics) Interest Rates Labor and Jobs Speeches and Statements United States Economy
Why the Federal Reserve Won’t Commit
Facing huge economic uncertainty, the Fed is keeping its options open. Jerome H. Powell, its chair, will most likely continue that approach on Tuesday.
Posted inChipotle Mexican Grill Inc Consumer Behavior Customer Loyalty Programs Dunkin Donuts Fast Food Industry Restaurants Starbucks Corporation
Restaurant Chains Make It Cost More to Be Loyal
Recent changes to rewards programs at places like Dunkin’ and Starbucks mean customers must pay more before perks kick in. The companies blame inflation.