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#397 Footwear Inventories, Consumer Debt, and GDP, Oh My!

https://traffic.libsyn.com/shoein/SIS397_footwear-inventory-consumer-debt-gdp.mp3

Gary Raines, Chief Economist, FDRA

Gary Raines, FDRA’s fearless economist, drops by Shoe-In Show to discuss surprise GDP numbers, current shoe inventory levels, and consumer spending heading into 2024. While GDP is up almost 5%, slowing consumer demand is causing concern. Gary explains how credit card debt, Buy Now Pay Later services, and other financial burdens will likely be headwinds for consumers in 2024. Tune in to learn more!

Hosted by:

Matt Priest and Andy Polk

Total U.S. Shoe Spending Sales Report

Posted On November 6, 2023

Posted By SHOE-IN

Posted In Brands and Business Podcast

Tagged consumers footwear Gary Raines inflation inventory shoes

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Join your hosts Matt Priest and Andy Polk each week as we have in-depth and dynamic conversations about the business of footwear, and probably have a laugh while you’re at it.

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