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KPMG consumer pulse survey | Spring & Summer

Simmering under pressure: How consumers are spending smarter this summer

KPMG consumer pulse survey | Holiday

The KPMG consumer pulse spring & summer survey is here, capturing the latest insights of more than 1,500 consumers across the United States. This year’s survey explores how current thoughts on the economy will affect and shape consumer spend and shopping trends over the next few months. The results provide a unique picture of how the consumer is reacting to the uncertainty of 2025.

Consumers plan to spend less in most categories—with sentiment souring since fall 2024

Consumers pull back spending amid tariffs

Consumers still plan to travel

58% plan to travel this summer, continuing the trend from last year

Dive into our thinking:

Simmering under pressure paper

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Consumer pulse Spring & Summer infographic

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Consumer pulse Spring & Summer data

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Meet our team

Image of Duleep Rodrigo
Duleep Rodrigo
U.S. Sector Leader, Consumer & Retail, KPMG LLP
Image of Julia Wilson
Julia Wilson
Principal, Advisory Strategy and Sustainability, KPMG LLP

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