Consumers positive about finances over the next year: KPMG

A new KPMG survey shows that despite economic headwinds, Americans are more positive about their personal finance over the coming year. KPMG US Products Line of Business Leader Matt Kramer joins Wealth! to discuss how households are managing their budgets as inflation remains a stressor.

So I think that's giving consumers the confidence that, you know, we can definitely, um, have a disposable income that will pay for vacations, pay for dining out. Ok, as evidence through earnings, like we saw on Best Buy there prioritizing, not purchasing that next big screen TV, or home theater or appliance.So what are the little add ons that I can still prioritize in the meantime, where, where's the data kind of seeing that net out.

Yeah, I think that's uh and that actually gets into the digital side of, of our survey is, you know, I think um what consumers expect is a seamless experience from, from retailers is when they look at shopping, they want to have all channels available, so they want to be able to shop in store, they want to be able to shop online and they're really getting into social commerce.

So I think it's uh really telling to uh companies that they need to be prepared to serve their customers across all those channels.Matt, uh we could talk about this for days, Matt, we gotta leave things there though.Why the Dow has fallen 1,000 points in the last three days

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