Deep Dive Databank MembersTariff Pessimism Cools; Inflationary Trade-Down Persists: US Consumer Survey Insights Extra Aditya Kaushik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research October 8, 2025 Reasons to ReadDiscover how US consumers are reacting to shifting economic conditions, inflation pressures and tariffs as the holiday season approaches. Read this report to discover answers to these and other questions: To what extent are shoppers still concerned about tariffs and how are those concerns reshaping spending habits? Which categories are seeing pull-forward demand and where might retailers expect softness later in the year? How entrenched is trading down and what specific inflation-related behaviors are dominating in food and nonfood purchases? Data in this research report include: Consumer tariff concerns and behavioral responses; and shopping changes due to inflation. Other relevant research: US Consumer and Retail Outlook—Holiday 2025 and Beyond: Premium Subscriber Call, September 2025 Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
