RSM’s survey of 1000 consumers lifts the curtain on the latest spending habits, and where discretionary spend will be prioritised in 2023. With economic headwinds hampering demand, our report reveals that 98% of consumers are concerned about the cost-of-living crisis, and 37% have no money left after paying for food, energy and household bills at the end of each month.

Read our report, in addition to our latest industry outlooks for Retail, Leisure and Hospitality, Travel and Tourism and Hotels and Accommodation to learn how these findings fall into the wider context of your market.

Read our full report

Retail outlook 

Find out which retail categories will win out in 2023, in addition to our predictions for inflation, what retail deal volumes might look like, the outlook for staffing, and retail sales performance.

Discover more

Hotels and accommodation outlook

The UK staycation market is set for a strong year in 2023. Find out about consumer travel trends and the outlook for hotel occupancy, inbound tourism, staffing, and inflation.

Discover more  


Leisure and hospitality outlook 

Where is demand headed for UK leisure and hospitality operators? And what’s the outlook for sales, rising input costs, staffing, and the size of the industry in 2023?

Discover more  


Travel and tourism outlook 

Travel is the last thing consumers will cut back amidst the rising cost of living. Read our predictions for outbound travel, sustainability and the shape of the sector following ATOL reform.

Discover more  

The economist's view

2023 to be a tough year for consumer spending

After a record-breaking drop in household real incomes in 2022 and 2023, consumer spending is heading for a sharp fall this year. But just how sharp?

Read our economic commentary

Consumer outlook report

In a world where consumers are being challenged by one major crisis after another, where will they prioritise spend in 2023? Explore the results of our survey of 1000 consumers.

Explore our full report