What's in Store for U.S. Retailers, Consumer Spending?

The transcript discusses the state of consumer spending, highlighting strong fundamentals despite concerns over retail sales figures. It examines Amazon's impact on traditional retail and demographic challenges affecting consumption. The conversation also covers retail deflation driven by new business models and price competition. Finally, it addresses issues with data measurement and the underrepresentation of e-commerce in official statistics.

What is the main driver of consumer spending according to the first section?

• Retail sales figures

• Labor market strength

• Gasoline prices

• E-commerce growth

Which company is highlighted as significantly impacting brick-and-mortar retail?

• Target

• Amazon

• Walmart

• JCPenney

What demographic is noted as a negative driver for consumption of goods?

• Millennials

• Baby Boomers

• 35 to 54 year olds

• Generation Z

What is causing deflation in the retail market according to the third section?

• Strong labor market

• Increased consumer spending

• New business models and competition

• Rising gasoline prices

What issue is mentioned regarding retail sales data?

• Overestimation of online sales

• Excessive focus on service sector

• Underrepresentation of e-commerce

• Accurate representation of brick-and-mortar sales