What is talking about consumer leaders about prices, tariffs and economics

Consumer expenses continues to become cloud. Last week’s consumer mood Moved to his second least reading on the record While the latest credit card data showed that many Americans are starting to shrink.

Walmart, Microsoft and Subaru – it’s just some companies that have warned of price rise related to tariffs that can lead to buyers who feel prices to divert back.

However, there are many companies and sectors that are still in high demand, especially as a wider rebound to the Trump market, most recently widespread on China’s stagger taxes.

“Consumer is returned from revenge”, CEO Barry Badl of Frontier Group On Tuesday he said about “money”.

At the CNBC Council Council summit in Arizona, on Monday and Tuesday, several heads with close readings of consumer expenses – home construction, vehicles, advertising and travel – shared their last views on the state of the economy.

Old At home buyers spend a lot

Home builder and developer Taylor MorrisonWorking in 12 states, including Texas, Florida and North Carolina, serves as several different demographics, according to CEO Sheryl Palmer. This includes the younger one who is the first at home, the modernization of a slightly senior buyer, and the group she called “Fifty -Five and Better”.

Palmer noted that the last group, which is more than 114 trillion in a total of assets, where the company sees great interest in new houses.

“Covid really changed this group,” she said. For these buyers, it is about “I want what I want, I can afford what I want and I don’t know what to bring tomorrow, so I want to live every day,” she added.

Among this type of house, which is strongly interested in things such as modernization of the house and convenience in society, Palmer said that she had not seen any signs of stress in her ability to buy houses or in credit profiles.

However, she noted that if the house is “more discrepted, there is only much more thoughtfulness that makes sense.”

Palmer said that the home buyer for the first time is dealing with questions around the cost. “Can I afford it? What can I afford?” She said they caused problems among these buyers.

While Palmer pointed to higher housing prices and sticky interest rates that contribute to the “flying period” – – Mortgage bolt rates returned above 7% This week – she said that price growth is virtually everything: from insurance to products – this is what young buyers make more weight.

Spla the in the purchase of cars at tariff fears ended: CEO Carvana

With a problem on potential raising tariffs caused by tariffs, hardly hit the automotive industry In recent months rushed to buy and new and used cars.

Carvan was a great recipient of this, Recently reported sales increase by 46% compared to last yearWhat leads to record quarterly results. The CEO and co -founder of Ernie Garcia said he stated at the Council Council summit that when the tariffs were announced, “there was some kind of new cars,” but it started to come out. Prices for used cars have also started to decline, especially compared to the increase in recent years, Garcia said.

But when it comes to any signs of consumer weakness, Garcia said, “We don’t see it; it feels very strong.”

Garcia said Carvana sells vehicles to buyers in a wide range of age groups, and overall “consumer loan looks quite stable”.

“I think it is always felt that the loan is deteriorating, but I don’t think there is much evidence that it becomes much worse,” Garcia said.

Pinterest sees a transition to “budget” items

Since the introduction Pinterest In June 2022, CEO Bill was ready to oversee the impering in Gen Z, which now accounts for 40% of the social media platform and which are mostly on the platform to seek help from shopping.

Ready, who said that Pinterest is a platform “for intentional choice,” he said he was starting to see “some changes in consumer behavior.”

This comes to life through the search for “budget -related items” in areas such as home -made clothing and home -made goods, said ready.

“Consumers are becoming more and more thought out and planning a potential increase in expenses or perhaps they are already feeling it already,” he said.

During and leaving the pandemic, the comprehensive story was that many buyers transferred their expenses from the goods to experience, and the greatest advantage of this fun and travel.

Commissioner NFL Roger Gudel and Marriott International CEO Anthony Capuwan, who performed at the CNBC Council Council summit about their long -term partnership, said they saw long forces from fans of sports and travel lovers.

While Gudell said Expected to not affect the uncertainty of consumersHe admitted some problems facing the wide entertainment industry.

Kapuaana said in Marriott, working in 144 countries, at the beginning of the year there was a strong travel boom, and after a slight lull in March, he returned strong in April, even when consumer’s concern increased.

According to Capuwan, the desire to travel, especially among young people, does not show many signs of slowing.

However, Kapuaana said he was more widely controlled by work and unemployment, and when heavy job creation continues and relatively low unemployment, he “will feel good enough for the consumer.”

“The reality is that; our business blooms in times of stability and high confidence in consumers,” Kapuaana said. “None of them has been sufficiently in recent months.”