Episode #
Where Consumer Confidence Sits Right Now #2473
June 04, 2023

In episode #2473, we talk about where consumer confidence sits right now. The global economy has had to adapt to some pretty major events over the past three years, from a worldwide pandemic to the war in Ukraine. And many consumers are feeling the effects of these developments. We discuss the spending habits of different consumers, who we’ve seen adopting a defensive position, and how marketing companies are impacted during a down economy. For all this and more, press play now!
TIME-STAMPED SHOW NOTES:

[00:00] Today’s topic: Where Consumer Confidence Sits Right Now.

[00:30] Observations on current Gen Z spending habits.

[01:20] The demographic that has noticeably slowed down their spending since 2022.

[01:52] An overview of how companies are doing in the current economy.

[04:01] Insight into why many companies are taking on a defensive position.

[04:49] Why people tend to cut marketing first during a down economy.

[05:18] What rail traffic data can teach us about the state of the economy?

[08:19] That’s it for today! Don’t forget to rate, review, and subscribe!

Go to https://www.marketingschool.io to learn more!

Links Mentioned in Today’s Episode:

Don’t forget to help us grow by subscribing and liking on YouTube!

Dentsu

Rail Traffic Data – Association of American Railroads

Leave Some Feedback:

What should we talk about next? Please let us know in the comments below

Did you enjoy this episode? If so, please leave a short review.

Connect with Us: 

Single Grain << Eric’s ad agency

NP Digital << Neil’s ad agency

Twitter @neilpatel 

Twitter @ericosiu

Discover Latest Episodes

Episode
Everything Is Down – Here’s How Our Businesses Are Being Impacted And What We Are Doing.. Why We Network With Our Competitors
April 28, 2025

In episode #2961, Eric Siu and Neil Patel highlight the power of networking, long-term relationships, and adapting to market changes. They also discuss tariffs, building support networks, and collabor...

Episode
Our Founder Mode Routines
April 24, 2025

In episode #2960, Eric Siu and Neil Patel break down their personal health routines inspired by athletes like LeBron James, covering longevity, sleep, nutrition, and fitness—emphasizing tailored str...

Episode
Clickbait Doesn’t Work Anymore, Stop Using It.. What We Are Doing Different In Marketing Than Our Competition, China Is Exposing US Brands
April 23, 2025

In episode #2959, Eric Siu and Neil Patel discuss the shift to quality content, using sub hooks for retention, and the value of authentic storytelling. They cover strategic networking, customer-focuse...