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Source: Cotton Incorporated’s Inflation & Supply Chain Survey, N=1,000 conducted on July 2022 (Wave 1), September 2022 (Wave 2), 
October 2022 (Wave 3), January 2023 (Wave 4), June 2023 (Wave 5), October 2023 (Wave 6), Feburary 2024 (Wave 7), August 2024 (Wave 8), .
AMERICA’S COTTON PRODUCERS AND IMPORTERS. Service Marks/Trademarks of Cotton Incorporated. ©2024 Cotton Incorporated.
% DONE IN PAST YEAR:
(among those who are concerned, N=698)
TOP CONCERNS 
51%
Wages/salary 
keeping up with 
cost of living
wave 1 wave 2 wave 3
SHOPPING BEHAVIORS
wave 4
wave 5 wave 6 wave 7
wave 8
CONSUMERS
& INFLATION
THINGS TO
KNOW ABOUT...
CHINA
WAVE EIGHT
35%
40%
45%
64%
43%
37%
36%
35%
36%
Potential for 
recession
of consumers have at least 
one financial worry 
MEETING 
LONG-TERM 
FINANCIAL GOALS
REDUCING 
MY 
SAVINGS
BEING ABLE TO 
AFFORD HEALTH 
CARE
63%
87%
59%
56%
76%
Purchased 
clothes on 
sale
38%
Repaired an 
item of clothing 
to extend use
38%
Availability 
of jobs
63%
Purchased 
clothes via 
social media
Jul ‘22 Sep ‘22 Oct ‘22 Jan‘23 Jun‘23 Oct‘23 Feb‘24 Aug‘24
% very 
concerned 
about the 
economy
[TOP 3 BOX OUT OF 6]
