Palomar Press Briefing | July 27,2022

 INDUSTRY NEWS July 27, 2022 POWELL SEEN SLOWING FED’S HIKES AFTER 75 BASIS POINTS NEXT WEEK Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second straight 75 basis-point hike next week, economists surveyed by Bloomberg said. SHEETS SHEETS | JULY 2022 In evaluating the […]

Palomar Press Briefing | July 20, 2022

   INDUSTRY NEWS July 20, 2022 GROCERY INFLATION SETS NEW RECORD IN JUNE Soaring grocery prices are having an impact on consumer optimism and shopping patterns. According to monthly inflation insights from Numerator, grocery prices continued to rise in June, with beverages seeing the largest impact. RESHORING BRINGING 400K MANUFACTURING JOBS TO US IN 2022  Continuous supply […]

Palomar Press Briefing | July 13, 2022

     INDUSTRY NEWS July 13, 2022   CAN THE AVERAGE CONSUMER WAIT OUT INFLATION? PROBABLY NOT Well into the pandemic, an amazing thing happened. Even with all of the shutdowns, because of the federal fiscal aid, people survived, and many increased their savings. (After all, where were they going to spend their money?) THE […]

Palomar Press Briefing | July 6, 2022

     INDUSTRY NEWS July 6, 2022 Another typical day in the office for our intern, PGA Tour Golfer, Greyson Sigg…   follow us on social media @thepalomargroup GROCERY INFLATION HAVING BIG IMPACT ON HOUSEHOLD BUDGETS Consumers are limiting other spending to account for rising grocery prices. Seventy-two percent of Americans said that increased grocery […]

Palomar Press Briefing | June 29, 2022

     INDUSTRY NEWS June 29, 2022 KROGER CEO SAYS CUSTOMERS ARE ‘RETHINKING THEIR SHOPPING’ HABITS Kroger is finding that grocery shoppers are  trading down and shifting to store brands as U.S. inflation hits a four-decade high, and seeing a particular shift from lower-income households.   STOCKS ROAR BACK WITH BEST WEEK IN A MONTH: […]