A lot has been going on in the spending and consumer sides of the economy lately. Later this week, there will news on how a bunch of mega-retailers are doing, with earnings reports from Home Depot, ...
Wherever consumer sentiment goes, consumer spending usually goes too. They're like buddies that do everything together. Consumer sentiment wants a hair cut, its buddy consumer spending does too. But ...
Real consumer spending growth is expected to decline to about 1.5% in 2026, though it will remain the backbone of the U.S. economy, according to a Tuesday report from Moody’s Ratings. More cautious ...
(TNND) — Consumer spending saw its strongest annual growth in nearly two years last month, according to Bank of America Institute data. But under the hood are signs of continued consumer stress and a ...
U.S. consumer spending held steady in May on a yearly basis, with average credit and debit card purchases per household rising just 0.8% from the previous year, according to data from the Bank of ...
Americans may feel worse about the economy, but they are still wielding their credit cards with confidence. An escalating trade war, a prolonged government shutdown and a stagnant job market have ...
Real GDP rose at an annualized rate of 1.4% in the fourth quarter, missing the expected 2.8%.
WASHINGTON (Reuters) -U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of the Trump administration's tariffs faded, while ...
A new analysis from the Bank of America Institute found that consumer spending on live sporting events has risen markedly compared to pre-pandemic levels, which has also spurred a rise in spending at ...