Tag Archives: affluent consumers

Housing drags down US economy for second-straight quarter in Q1

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Consumer spending remained high while the broader economy slowed, growing just 1.1 percent in the first 3 months of 2023, according to data released Thursday by U.S. Bureau of Economic Analysis. Continue reading →

Seller’s market is here to stay — but with fewer luxury buyers in 2022

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“There will be more luxury sellers in 2022 than in 2021, and while there will be fewer actual luxury buyers, it is still a seller’s market,” the president of Luxury Portfolio International predicts. Continue reading →