The U.S. Consumer Sentiment Vs. Spending

Consumer sentiment rivaled some of the worst readings in history. Most retailers are focusing on building their resiliency in their supply chains, says Elizabeth Ebert. She says her clients are seeing very stable spending from consumers, so there is a bit of a bifurcation between sentiment and spending. She and Oliver discuss inflation in gasoline and food prices, and the baby formula shortage. She says China is still affecting the supply chain with shipment times. She discusses consumer perception and how retailers will try to entice consumers back in the stores. Tune in for the full discussion.