Greg Petro Interviewed by Bloomberg Markets: Triple Take

Featured Image

Watch Video:

Greg Petro, CEO of First Insight was interviewed on Bloomberg to discuss our latest inflation report, The State of Consumer Spending: Inflation Impact Fueling Recession Fears. The current economic conditions are having a negative impact on consumers with 79% believing we are or will be in a recession, 2/3 worrying about food costs, and nearly half fearing food shortages. 

"It's clear consumers are cutting back on some of the services and/or experiences as they look at some of the compounding of expenses. How the behavior of consumers is changing is now looking at brands and shifting to private labels that have a quality factor for that price." - Greg Petro

Greg Petro on Bloomberg

Download our latest inflation report to gain insight into how consumer spending has shifted between April and July.DOWNLOAD REPORT

News  Bloomberg TV  consumer behavior  consumer spending  inflation  recession