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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. That’s according to a recent study by the ICSC that surveyed Gen Z consumers, defined by the Pew Research Center as those born between 1997 and 2012.

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Retail Trends to Pay Attention to in Charts

Indigo 9 Digital

13-14 meeting that the Fed is not done raising rates — and with consumers shifting their spending from goods to services, which largely aren’t captured in the retail-sales report – the weakness could persist in the new year,” said Anna Wong and Eliza Winger, economists at Bloomberg. Consumer financial challenges. Consumer priorities.

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How to Prepare for a Recession

Small Biz Trends

As it might affect not only your personal finances but also threaten your business’ survival. You will need to review your finances first to identify your needs and financial health. It is important that you get on top of your finances before a recession hits. Have a Financial Plan. READ MORE: What is a Recession?