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
Financial well-being slumped in August 2025, continuing the slide seen throughout the year (figure 1).
The percentage of respondents expecting higher prices has plateaued in recent months, but levels remain above lows seen in 2024 (figure 2).
Even as more feel financially squeezed, respondents are still making room for discretionary spending (figure 3).
Discretionary spending sentiment continues to recover, even as spending intentions for major nondiscretionary categories including housing and groceries continue on a gradual long-term uptrend (figure 4).
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.