Kai Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
I think there's a huge acknowledgement that for low-income consumers, for those $50 where it matters, like Heather was talking about, you cannot tap the well with them.
I think there's a huge acknowledgement that for low-income consumers, for those $50 where it matters, like Heather was talking about, you cannot tap the well with them.
They're looking at the pennies on the dollar, all of that.
They're looking at the pennies on the dollar, all of that.
But where companies are trying to turn their attention to are the business travelers or the higher income consumers.
But where companies are trying to turn their attention to are the business travelers or the higher income consumers.
And that's where you're seeing them try to push out new products to people who do have that disposable income.
And that's where you're seeing them try to push out new products to people who do have that disposable income.
And that is who we are relying on now.
And we're not hearing from companies that they're seeing pullback in that way.
And we're not hearing from companies that they're seeing pullback in that way.
We have been seeing people pull forward their purchases, so it will get interesting as we move towards the summer months if people continue to spend at the same levels that we're seeing at this very moment.
We have been seeing people pull forward their purchases, so it will get interesting as we move towards the summer months if people continue to spend at the same levels that we're seeing at this very moment.
Heather Long, that is the K-shaped economy, right, that we've talked about so many times.
Heather Long, that is the K-shaped economy, right, that we've talked about so many times.
I do want to ask you, though, Heather, about the choppiness that we're seeing in the data, that we're seeing in this economy.
I do want to ask you, though, Heather, about the choppiness that we're seeing in the data, that we're seeing in this economy.