2021's wild price increases will soon give way to 2022's year of discounts, according to the economist who's studied the American shopper for decades
Inflation is the worst it's been since the early 1980s. But an award-winning expert on consumer behavior thinks it won't stay that way for long, as supply roars back, demand evaporates, and the shipping crisis is patched up.
and the following recovery. By using a consumer-centric approach over one that prioritizes top-down data, Sterne has decoded the COVID economy better than many peers for years.The Thanksgiving and The first part of the equation has to do with rebounding supply. New orders at manufacturers slowed in November while inventories climbed higher, according to leading industry surveys, with some firms stockpiling goods to counter the supply-chain crisis. The share of manufacturers with higher inventories is the largest it's been since 2010, signaling supply is finally picking up, Sterne said.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Trump is shaping 2022 races in states he lost in 2020In battleground states that failed to deliver a second term for him, Trump has endorsed a serious primary challenge against a sitting Republican governor and is backing challengers against GOP members of Congress who have crossed him.
Read more »
51 New Year's Eve Dinner Ideas for Welcoming 2022Festive main dishes for ringing in the New Year.
Read more »
Jhay Cortez Announces 2022 U.S. Tour: See the DatesJhay Cortez is hitting the road in 2022. Set to kick off in April, see the complete list of tour dates here.
Read more »
Tim McGraw, Star of the 'Yellowstone' Prequel '1883,' Announces 2022 Tour“Love You Like I Used To” singer Russell Dickerson will join the actor and country superstar for trek beginning in April
Read more »
Must Read: The Year of the Matching Celebrity Couple, Sephora Announces 2022 Accelerate FinalistsPlus, Sporty & Rich partners with Sunset Tower Hotel.
Read more »
Sundance Unveils 2022 Short Film Program, 40th Anniversary Retrospective CollectionThe 2022 Sundance Film Festival has unveiled its short film program, curated from an all-time high of 10,374 submissions. The films — encompassing categories like domestic and international l…
Read more »