U.S. Consumer: How U.S. Consumers Are Shopping to Go Back to School

This podcast episode focuses on the significance of back-to-school shopping as an indicator of consumer health. While initial data shows weaker-than-average in-store sales in July, August sales are expected to be stronger, resulting in a moderate back-to-school spending year. However, the shift towards consumables and value-oriented shopping, along with electronics being a vulnerable category, indicates a cautious consumer mindset. Despite this, there are signs that suggest unit sales in electronics may be bottoming out, providing a glimpse of hope.