First quarter earnings smashed analyst estimates, leaving many investors bullish about economic recovery, consumer sentiment, and overall normalization. The retail sector was particularly buoyant in the quarter, with stores reopening and stimulus checks moving from...
Walmart’s Q1 earnings report showed stronger than anticipated sales increases for the mega retailer in the last quarter, tripling estimates compiled by Bloomberg. The increased spend changed the overall outlook for Walmart on the year, which was already one of the...
Facteus Launches Consumer Spending Report: Finding Conviction Post COVID-19 Report developed from analyses of near real-time data from millions of consumer financial transactions PORTLAND, Ore. – Sept. 10, 2020 – Facteus , the leading provider of actionable insights...
The US Restaurant Industry: An Update By: Douglas Daly – June 24, 2020 Nationwide, the restaurant industry experienced a dramatic downturn as shelter-in-place policies have taken hold across the US since the beginning of March. In our April assessment, we showed how...
Opinion: Lower-income Americans threw the economy a lifeline during the pandemic By: Randy Koch – June 3, 2020 The coronavirus pandemic and ensuing lockdown steered the U.S. economy into a giant, figurative iceberg, threatening to take down everyone on board with it...
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