Read the latest insight and see full market statistics for the US...
Read the latest insight and see full market statistics for the US and Canada, for a comprehensive understanding of shifting consumer preferences and how industries are expected to develop in two of the most affluent, innovative and highest demand cou...
In 2023, the US held second position among developed nations in terms of average gross income. Over the year, per capita disposable incomes grew supported by accelerating economic growth, lower inflation and rising productivity. However, the country…
In 2023, Canada ranked 16th among developed countries in terms of average gross income. However, over the year, the country experienced a decline in per capita disposable income amid economic slowdown, increased unemployment and deteriorating…
In 2023, single person households were the most common household type in the US, driven by younger generations prioritising education and career, and an ageing population. The urbanisation rate reached 81.2%, largely due to individuals seeking better…
The number of households is set to increase moderately in Canada over 2022-2027, with single person households remaining the leading household type. In 2022, household spending was affected by inflation, which stood at 6.8%, increasing living costs.…
The US economy experienced robust growth in 2023, driven by increased private and public spending. However, economic growth is predicted to slow in 2024, due to tight monetary and fiscal policies. The federal funds rate is predicted to remain…