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Consumerconfidence

All articles tagged with #consumerconfidence

Recalls reshape American attitudes toward food safety
food-safety1 month ago

Recalls reshape American attitudes toward food safety

A GS1 US survey of 1,000 U.S. adults finds rising concern about food recalls and waning faith that recalls protect public health, in the wake of high-profile outbreaks linked to jalapeño peppers and iceberg lettuce. Following these recalls, many consumers are changing buying habits: 67% have avoided an entire food category and 66% would hesitate to buy the same product or brand again, though most would still consider returning to a recalled brand. There is a demand for clearer product information and faster traceability, while allergens are the leading recall cause (about 45%), followed by bacterial contamination and foreign materials; total recalls rose 2021–2025 (505 to 613), with Class I recalls up 36.4%.

"Forecast Optimism: Gas Prices Expected to Drop in 2024 Amid Rising Fuel Stocks"
economy2 years ago

"Forecast Optimism: Gas Prices Expected to Drop in 2024 Amid Rising Fuel Stocks"

U.S. drivers are likely to see a decrease in gasoline prices in 2024 due to increased global refining capacity and a surplus in domestic fuel stocks. Analysts predict a drop in the national average retail gasoline price, which could contribute to higher consumer confidence and spending, potentially helping to stave off a recession. Gasoline inventories in the U.S. have risen significantly, and with new refining capacity expected to come online globally, there is optimism that prices at the pump will remain lower than previous record highs.