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Reporting on America's Attitudes and Behaviors
    Reporting on America's Attitudes and Behaviors
        
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    7. Things to Know About Consumers & Inflation
    Home » Articles » Things to Know About Consumers & Inflation
    June 27, 2022
    CONSUMERS
    & INFLATION
    THINGS TO
    KNOW ABOUT...
    consumers are
    personally very
    concerned about
    the economy
    7in10
    For More Information Contact: Corporate Strategy & Insights at [email protected]
    “Cotton Incorporated’s Inflation & Supply Chain Survey” n=1,003 June 16, 2022
    AMERICA’S COTTON PRODUCERS AND IMPORTERS. Service Marks/Trademarks of Cotton Incorporated.
    ©2022 Cotton Incorporated.
    85%
    say they have been
    impacted by shortages in
    the supply chain
    54%
    34%
    12%
    SLIGHT
    MODERATE
    SEVERE
    ACTIONS TAKEN TO GET PRODUCTS NEED/WANT
    (among impacted, N=848)
    54%
    Stock up on essentials
    when I find them
    Research online where
    to find products in stock
    Try new brand or similar
    product
    48%
    45%
    (among those who are concerned, N=966)
    Availability
    of items
    TOP CONCERNS
    38%
    34%
    53%
    Prices on everyday goods
    (groceries & household items)
    54%
    Cost of gas
    Wages/salary keeping
    up with cost of living
    CONSUMERS ADJUST SHOPPING HABITS
    SUPPLY CHAIN
    *expect to buy clothes
    before the end of the year
    57%
    Buying less or putting off purchase:
    *Clothes for myself
    Electronics
    53%
    50%
    Entertainment
    49%
    How consumers shop differently now:
    Buying less of
    things I want
    Taking better
    advantage of
    sales, discounts,
    promotions
    52%
    51%
    Buying
    generic/store
    brands
    Shopping
    lower-priced
    retailers
    40%
    38%

    Things to Know About Consumers & Inflation

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    Reporting on America's attitudes and behaviors.

    The mission of Cotton Incorporated is to increase the demand for and profitability of cotton. The Cotton Incorporated Lifestyle Monitor™ helps fulfill this mission, by providing a range of marketing data and analyses to better inform decision makers on the global cotton supply chain.

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