What the executive chiefs of consumers say about prices, definitions and economics

Expectations on spending on consumers continue to obtain more feasible. Last week, consumer feeling She slipped into its second sections on the record While modern credit card data It showed that many Americans began to reduce.

Walmart, Microsoft and Subaru are just some of its companies Beware of increased prices Concerning the definitions, which can lead to prices, which can be further declining.

However, there are many companies and sectors that are still witnessing a strong demand, especially in the wake of the larger market recovery after the tariffs stopped, which recently spanned the more severe China import taxes.

“The consumer returns with revenge,” the CEO of Barry Bever Airlines from the Frontire Group He said on “Money Money” on Tuesday.

At the CNBC summit in Arizona on Monday and Tuesday, many executives participated with readings close to the main consumer spending areas – home construction, car purchase, advertising and travel – their last opinions on the state of the economy.

The buyer of the oldest housing is spending a lot

Building home and developer Taylor MorrisonWhich works in 12 states, including Texas, Florida and North Carolina, serves many distinct population composition, according to CEO Sherrill Palmer. This includes housing buyers for the first time, a little older buyer, and the group called “fifty -five and better”.

Palmer said that this last group, which represents more than $ 114 trillion of total assets, as the company sees great attention in new homes.

“Kofid really changed this group,” she said. For these buyers, it comes to “I want what I want, I can bear what I want, and I don’t know what tomorrow will bring, so I want to live every day to the fullest,” she added.

Among this type of housing buyer, which is strongly concerned with things like home promotions and community comfort, Palmer said she has not seen any signs of tension in her ability to buy homes, or in credit files.

However, I noticed that if the house is “a more estimated purchase, there is a lot of thinking, and this is logical.”

Palmer said that the housing buyers for the first time are dealing with questions about the cost. “Can I carry it? What can I bear?” She said, fears between these buyers.

While Palmer pointed to the high prices of homes and sticky interest rates that they contribute to a “volatile period”, – Real estate mortgage rates have returned to a higher than 7 % This week – she said that the prices of almost everything from insurance to groceries are what makes younger buyers more frequency.

An increase in the purchase of cars has ended on customs tariffs: CEO of Carvana

With fears of increasing prices that depend on customs tariffs in hitting the auto industry, consumers enjoy He rushed to buy new and used cars in recent months.

Carvana It was a great recipient, I was recently reported that 46 % sales were increased on an annual basisWhich leads to the registration of the quarterly results. The CEO and co -founder Erney Garcia said at the Executive Council summit that when the customs tariff was announced, “there was some clouds forward, especially the sales of new cars,” but that began to leave. Garcia said that the pricing of used cars began to decline, especially compared to the increases that have been seen in recent years.

But when it comes to any signs of low consumer weakness, Garcia said, “We don’t see any evidence for this; it is a very strong feeling.”

Garcia said that Carvana sells vehicles to buyers through a wide range of age groups, and in general, “consumer credit seems stable.”

Garcia said: “I think it always seems that credit is getting worse, but I don’t think there is a lot of evidence yet that it is getting worse,” Garcia said.

Pinterest sees the shift to “budget” elements

Since joining Pinterest In June 2022, the CEO of Bill Ready supervised the payment of the Gen Z, which now constitutes 40 % of the user base of the social media platform who are overwhelmingly on the platform to seek help in inspiring shopping.

Ready, who said Pinterest is a platform for “deliberate options”, he said he began to see “some transformations in consumer behavior.”

This will be taken in life through searches for “budget -related elements” in areas such as clothes and home commodities, which have increased more than 200 %, ready.

“Consumers have become more thinking and planned for a possible increase in costs, or maybe they have already started,” he said.

During and out of the epidemic, the comprehensive narration was that many shoppers had transformed their spending from goods to experiences, with the greatest benefits of those entertainment and travel industries.

American Football Association Commissioner Roger Godel and International Marriott CEO Anthony Capuano, who spoke at the CNC CEO summit, said about his long -term partnership that they have seen a continuous force of sports fans and travel lovers.

While Godel said that the demand for issuing the last schedule of the American Football Association and more than 600,000 people traveled to Green Bay and Wisconsin, for the American Football Association project reflects how “sport is in a different place” and It is not expected to be affected by the uncertainty of the consumerAcknowledge some of the challenges facing the broader entertainment industry.

Capuano said that in Marriott, who works throughout 144 countries, there was a strong travel boom at the beginning of the year, and after a slight calm in March, he returned strong in April even with the growth of consumer confidence.

Capuano said that the desire to travel, especially among young people, does not show many signs of slowdown.

However, Cabuano said he is watching jobs and unemployment on a larger scale, and if there is a strong job creation and relatively low unemployment, he will “feel satisfied with the consumer.”

“The truth is this; our actions are thrived in times of stability and high consumer confidence.” “None of these have been in a wide show in recent months.”

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