Tag Archives: Daniel Bachman

Deloitte: Holiday Sales to Rise 4 to 4.5 Percent

Deloitte

NEW YORK-Retailers can anticipate moderate increases in sales during the upcoming holiday season, according to a forecast from Deloitte. The firm’s Retail & Distribution practice has projected that total holiday sales will range between $963 billion and $967 billion, from 4 to 4.5 percent ahead of last year’s holiday season. Daniel Bachman, Deloitte’s senior U.S.More »

Last updated: September 25, 2013

Deloitte: Spending Index Down but Conditions “Positive” for Consumers

Deloitte

NEW YORK-The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, declined from 4.5 in July to 4.0 in August. The index is comprised of four components: tax burden, initial unemployment claims, real wages and real home prices. A Deloitte statement noted that the tax rate is upMore »

Last updated: September 18, 2013

Deloitte Consumer Spending Index Rises in June

Deloitte

NEW YORK-With home prices rising and initial unemployment claims trending down, the Deloitte Consumer Spending Index rose to 4.3 in June from its 4.2 reading in May. Real new home prices were up 9.2 percent from June of last year to $113,833, and initial unemployment claims were down almost 7 percent from May 2012 toMore »

Last updated: July 22, 2013