Costco shoppers are continuing to cut back on big-ticket items, even as inflation falls, as Americans put off buying jewelry, laptops, and furniture

• Costco shoppers are still avoiding splurging on expensive items.
• The average ticket value was down 4.5% in the US, which its CFO attributed to lower sales of higher-value non-food discretionary items.
• These include home furnishings, small electrics, jewelry, and hardware.

Costco shoppers are still cutting back on big-ticket items even as inflation cools, execs said at the company's earnings call Tuesday.

The average value of each transaction at the wholesaler was down 4.5% year-over-year in the US, which CFO Richard Galanti said was "impacted in large part from weakness in bigger ticket non-foods discretionary items."