Steve is the managing director of Deloitte's Consumer Industry Center, Deloitte Services LP. He leads a team that conducts research to uncover new ways of thinking, working, and leading within the consumer industry through data and evidence driven analysis.
With more than 20 years of experience within consulting and high tech, Steve is especially interested in the intersection of technology, consumers, and business. He is focused on how industry leaders can deliver better results and the strategies organizations use to adapt to accelerating change.
Key insights about US consumers from Deloitte’s ConsumerSignals
Deloitte’s financial well-being index rose 2.5 points in March to 102.4—slightly recovering from a two-month drop (figure 1).
Price expectations continue to rise. Expectations of rising prices are particularly widespread for groceries but eased slightly in March for gas (figure 2).
Spending intentions for nondiscretionary categories continues to climb higher, largely driven by housing and utilities (figures 3 and 4).
Meanwhile, discretionary spending intentions remain below the 2021 baseline but are holding higher than 2023 and 2024 lows (figure 3).
Steve is the managing director of Deloitte's Consumer Industry Center, Deloitte Services LP. He leads a team that conducts research to uncover new ways of thinking, working, and leading within the consumer industry through data and evidence driven analysis.
With more than 20 years of experience within consulting and high tech, Steve is especially interested in the intersection of technology, consumers, and business. He is focused on how industry leaders can deliver better results and the strategies organizations use to adapt to accelerating change.