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Resonate Data Shows Consumer Economic and Health Concerns are Stabilizing

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11 months ago

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After years of rising anxiety, Americans are ready for a pause

RESTON, Va., June 18, 2024 /PRNewswire/ — Resonate, a pioneer in AI-driven consumer data and intelligence, today released the results of its summer 2024 reports on consumer and voter trends that show a shift in sentiment as fatigued Americans are ready to trade in years of mounting worry for a summer respite.

For the first time in several years, Resonate recorded an 18% increase in the number of people reporting they have no worries for the next six months, one of several key findings in its latest Consumer Trends Report, drawn from surveys and AI-powered insights across the US adult population. However, the data also shows a population that is still much more price conscious and a lot less loyal to their favorite brands. Notably, marketers should be mindful of the growing number of people (38.8%) that continue to blame corporations for inflation.

While people seem to be adjusting to increased prices with spending and saving habits remaining mostly the same, they are at the same time finding ways to pull back, like seeking cheaper alternatives and switching stores or brands to save money. Other takeaways include:

The vast majority of people (97.5%) report taking action as a result of experiencing higher prices.Americans are more conservative in their spending with 24.6% of people reporting that they’ve cut back on or cut out all non-essential purchases.People are decreasing putting off buying cars and homes, but improvement projects and major household purchases are still on pause for 34.5% of respondents.Brand loyalty is down, and more people are looking for a deal above all.Over the last year, luxury spending has decreased 38% and consumers are going out 7% less.At the same time, 25% of people reported an increase of going into debt or dipping into savings to cover expenses.In the last 3 months, there’s been a 4% increase in consumers cutting some but not all essential expenses with 26% reporting they are cutting out all non-essential expenses.Additionally, despite the summer travel season, Americans are spending less is on travel with 46.9% indicating a reduction over last year and 38.8% plan to maintain budgets from last year.Back-to-school is also expected to take slight hit with 14.2% of respondents indicating they will cut back this year and look to use coupons and shop sales; clothing being the most important to spend money on for 70% of people.

“Our data confirms what many brands suspected, brand loyalty is down, and cost is king,” said Bryan Gernert, CEO of Resonate. “While we are seeing people adjust to rising prices and price volatility, they are increasingly looking to alternate brands and stores to help offset those increases. As purchases trend down, this kind of real-time data can help marketers understand what kind of incentives matter most to their various customer segments and what they’re most and least likely to buy right now so they can maximize the efficacy of sales and marketing campaigns.” 

To download the full report, visit: https://insights.resonate.com/consumer-sentiment-during-the-coronavirus-pandemic

To view a presentation of the findings and outlook in the Summer 2024 Resonate Consumer Trends Report, visit: https://resonate.zoom.us/webinar/register/2317187162056/WN_44WGjNKrQbS7bGwQ237T5A#/registration

About Resonate
Headquartered in Reston, VA, Resonate is the leader in AI-powered data and intelligence, delivering proprietary, privacy-safe consumer and voter data for insights, analysis and activation. The Resonate data set includes more than 15,000 rich, relevant, real-time data points that holistically describe more than 230 million U.S. individuals. Resonate data is delivered directly through top demand side platform (DSP) providers, data append and licensing, the Resonate Ignite platform or through Resonate Managed Media Services. Hundreds of companies and campaigns use Resonate to drive more effective marketing strategy and execution fueled by a more comprehensive understanding of their audience that extends beyond traditional demographics, psychographics and behavioral data to uncover why people choose, buy, or support certain brands, products, candidates or causes.

For more information, please visit www.resonate.com.

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SOURCE Resonate

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New Visions for the Future: 4th China-CEEC Expo & International Consumer Goods Fair Kicks Off

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10 minutes ago

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May 23, 2025

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NINGBO, China, May 23, 2025 /PRNewswire/ — A news report from Ningbo External Communication Center:

On May 22, the 4th China-Central and Eastern European Countries (CEEC) Expo & International Consumer Goods Fair opened in Ningbo, Zhejiang Province. With the theme “New Visions for the Future,” the event attracted over 15,000 professional visitors from 72 countries and regions. Import purchase intentions from CEECs are expected to exceed 10 billion yuan.

The 80,000-square-meter exhibition space is divided into two main sections: the CEEC exhibition zone and the export consumer goods zone. Covering 20,000 square meters, the CEEC zone features over 400 exhibitors showcasing more than 8,000 unique products, including Czech beer, Slovenian honey, Hungarian down products, and Slovenian ski gear. Meanwhile, the export consumer goods zone features over 1,000 Chinese enterprises presenting high-quality offerings such as consumer goods and smart technologies, giving global buyers an immersive technological showcase.

During the Expo, a number of events such as business matching activities and intergovernmental exchange activities will be staged. Besides, conferences such as the China-CEEC Joint Chamber of Commerce Meeting and the 7th China-CEEC Dialogue on Customs, Inspection and Quarantine Cooperation will be held to deepen the alignment of rules. Another side event, the 2025 China-CEEC Mayors Forum, focuses on shaping a new paradigm of urban governance, and the China-Central and Eastern Europe International Regatta will set sail for promoting people-to-people exchanges. In addition, interactive activities such as the “Hi-Go” CEEC Product Shopping Festival will be held in an online-offline hybrid form.

This year, Slovenia and Slovakia serve as the Guests of Honor. In addition to full participation from all 14 CEECs, exhibitors from nine other countries—including the UK, France and Germany—are attending the Expo for the first time. Moreover, institutions such as the World Bank, the European Union Chamber of Commerce in China, and world-renowned enterprises including Sanofi, Novartis, and Morgan Stanley have been invited to attend the event.

Looking ahead, the Expo aims to unlock greater potential and expand the scope of cooperation. By promoting a regularized mechanism for exchanges and collaboration, it seeks to capitalize on new opportunities in industrial transformation and investment.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-visions-for-the-future-4th-china-ceec-expo–international-consumer-goods-fair-kicks-off-302464096.html

SOURCE Ningbo External Communication Center

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“CP Group,” through “True IDC,” Launches Thailand’s First AI Hyperscale Data Center, Elevating Digital Infrastructure into the Giga Data Center Era and Advancing Thailand as the Digital Hub of ASEAN

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10 minutes ago

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May 23, 2025

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BANGKOK, May 23, 2025 /PRNewswire/ — True Internet Data Center (True IDC), a leading data center and cloud service provider under Charoen Pokphand Group (CP), officially launched Thailand’s first AI Hyperscale Data Center, reinforcing its commitment to advancing the nation’s digital infrastructure to support the new economy and positioning Thailand as the digital hub of ASEAN.

Mr. Suphachai Chearavanont, Chief Executive Officer of Charoen Pokphand Group, stated that the launch of this AI Hyperscale Data Center marks a significant milestone in Thailand’s entry into the Giga Data Center era. Digital infrastructure not only supports technological advancement, but also serves as a key mechanism for driving the country’s new economy—benefiting both businesses and citizens. It enhances Thailand’s global competitiveness and readiness for the AI-driven future at both national and regional levels. Moreover, this data center investment fosters knowledge transfer for the Thai people.

“To enable everyone—individuals, companies, and industries—to access AI and cloud technology, a fundamental requirement is a robust data center. This development brings immense benefits to Thailand and its industries, and contributes to the broader region by establishing Thailand as a regional hub while fostering domestic digital research and development.” stated by Mr. Suphachai.

Mr. Narit Therdsteerasukdi, Secretary General of the Board of Investment (BOI), added “I would like to extend my congratulations to True IDC on the launch of its new data center. This is a historic moment for a Thai company to develop hyperscale digital infrastructure. This data center will play a crucial role in elevating Thailand into a digital economic hub of the region, supported by a strong digital ecosystem and enhanced attractiveness for investment in digital and technology-driven industries.”

Mr. Thanasorn Jaidee, President of True IDC, shared, “This new AI Hyperscale Data Center sets a new benchmark for Thailand’s data center industry in terms of technology, engineering, and sustainability. It is designed to handle hyperscale workloads and clients with architecture tailored for the digital era—especially industries powered by data, cloud, and AI. This foundation enhances Thailand’s capability to independently and securely develop advanced technologies.”

This AI Hyperscale Data Center is purpose-built for AI processing and large-scale workloads, equipped with over 20 megawatts of power capacity to support high-performance and stable computing, including Graphic Processing Unit (GPU) workloads. The facility features a high-efficiency smart fan wall unit cooling system and is designed to support liquid cooling technology. It also includes high redundancy backup systems to ensure uninterrupted computing operations and continuous business services. The center is optimized for energy efficiency with Thailand’s best-in-class Power Usage Effectiveness (PUE) and houses a Data Center Innovation Lab for testing and developing new solutions across various industries.

This AI Hyperscale Data Center also plays a critical role in supporting the digital transformation of industries, especially Thailand’s New S-Curve industries, such as electric vehicles (EV), digital health and medical services, smart agriculture, fintech and digital finance, digital content, and the creative economy. All of these sectors rely heavily on massive data processing and high-performance computing. Having a modern domestic digital infrastructure empowers these industries to maximize their competitiveness without relying heavily on foreign data infrastructure.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/cp-group-through-true-idc-launches-thailands-first-ai-hyperscale-data-center-elevating-digital-infrastructure-into-the-giga-data-center-era-and-advancing-thailand-as-the-digital-hub-of-asean-302464101.html

SOURCE True Internet Data Center Co., LTD. (True IDC)

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Frontier Wave Investment Alliance Launches Next-Phase QuantFrame AI Modules Under Silas Wainwright’s Leadership

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10 minutes ago

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May 23, 2025

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NEW YORK, May 23, 2025 /PRNewswire/ — Frontier Wave Investment Alliance today announced the deployment of a new generation of QuantFrame AI modules designed to strengthen market responsiveness, strategic forecasting, and portfolio adaptability for financial professionals. Developed under the leadership of founder and financial technologist Silas Wainwright, the update signals a continued evolution in the institution’s commitment to intelligent, accessible investment systems.

The newly released tools include advanced features for geopolitical scenario simulation, multi-market correlation tracking, and ESG-integrated portfolio scoring. These components expand upon QuantFrame AI’s existing capabilities, which are already known for integrating machine learning, macroeconomic analysis, and automated decision-making across diverse asset classes.

“Our focus remains on creating systems that not only respond to market volatility, but anticipate it,” said Elliot Granger, Director of Strategic Technologies at Frontier Wave Investment Alliance. “QuantFrame AI’s new modules are built to help investors move with precision, insight, and purpose in uncertain environments.”

Silas Wainwright has long emphasized the importance of scalable, ethical, and transparent AI in financial decision-making. The latest QuantFrame AI release reflects this vision by incorporating greater explainability in algorithmic recommendations and increased modular customization for institutional partners.
https://www.youtube.com/embed/PsQGOgaFEi0

The new phase of QuantFrame AI will also be embedded into Frontier Wave’s education programs, giving students and early-career professionals direct access to the same tools used by experienced fund managers and analysts. The initiative strengthens the organization’s hybrid model of combining skill-based training with institutional-grade technology.

As part of its global engagement strategy, Frontier Wave Investment Alliance will introduce the updated QuantFrame AI system through a series of online masterclasses, virtual case labs, and multi-lingual investor workshops over the coming months.

About Frontier Wave Investment Alliance

Frontier Wave Investment Alliance is a global financial education and technology institution founded by Silas Wainwright. With a mission to bridge practical finance, ethical investment principles, and intelligent systems, the organization delivers high-impact training and infrastructure to investors worldwide. Its flagship platform, QuantFrame AI, integrates machine learning, macroeconomic modeling, and automated portfolio intelligence to empower both individuals and institutions in dynamic market environments.

Disclaimer:

The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

CONTACT

PR Manager
Ava Robinson
Frontier Wave Investment Alliance
service@wavesolution.com

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SOURCE Frontier Wave Investment Alliance

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