An in-depth report, “Cotton as a Possible Bellwether for Global Economies” has been made available to Robin Report readers.
The research looks at consumer spending through the lens of the Lifestyle MonitorTM with some surprising findings. There is a disconnect between consumer attitudes and consumer spending, and consumer confidence survey data shows figures typically associated with a slowdown or in recessionary territory for some time.
But American consumers like to spend and have had the capacity to spend despite higher prices. Read the report to learn why consumers are planning planned to spend so much more on BTS this year than last, especially given their economic concerns. Learn how supply and demand have to be fluid to anticipate consumer spending.
Cotton Incorporated reports that for next year, growers probably won’t plant as many acres of cotton here in the U.S. Demand may move higher in that time period which will help to deplete excess cotton that exists, and that will set growers up for a better price situation moving forward. It’s a fascinating report on global cotton production that is a reflection of macro trends, including impeding tariffs and how they may affect consumer pricing. As the year ends, the cotton market has calmed. This has been a product of additional supply coming onto the market, and that supply will take some time to work through. This suggests that raw cotton costs should remain attractive and stable, enabling more predictability around sourcing costs. Order the report for free to learn why this is important to retailers and how cotton is a possible bellwether of global economies.