Consumer spending adjustment
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Consumer is meaningfully adjusting spend amid higher energy prices: Zeta Global's Steinberg
Youtube· 2026-05-07 04:05
We're starting to see the consumer meaningfully adjust spend. We had the first drop in the Zade economic index month over month that I can remember in a very, very long time. And what we're starting to see is consumers are softening pretty heavily on discretionary spending and stuff like travel, entertainment, dining out, all of which require energy to get there or uh to to travel. Uh and we're starting to see them sort of spend a disproportionate percentage of that what was discretionary spending on gasoli ...