The chief executives of Berkshire Hathaway subsidiaries Benjamin Moore and Oriental Trading Company on Friday offered their assessments of consumer spending ahead of this weekend's Berkshire shareholder meeting.
Oriental Trading CEO Sam Taylor said it has been more difficult to create revenue growth in 2016, after the company had a record year for profitability.
The purveyor of toys, party items and arts and crafts supplies is seeing firm demand from businesses and organizations, but the average order among consumers has slipped, Taylor said. Oriental Trading's customers are primarily looking for deals and value, he added.
"It feels like the consumer is definitely, you know, she's watching her dollars a little more carefully, spending where she needs to, but being more careful on some of the things that are a little more discretionary," he told CNBC's "Squawk Box."