An informal economic indicator from inside a pawn shop.
Retail sales rose 0.6% last month. But the data predates the war in Iran, and experts say the real test for consumer spending is still coming.
The number of plasma centers in the country more than doubled between 2014 and 2021, and they’re increasingly opening up in the suburbs.
One-third of new car buyers who are trading in their old vehicle owe more than that vehicle is worth, according to JD Power.
The competition to pay depositors higher rates has been hot for several years, leaving many smaller lenders feeling pressured to raise deposits.
Some sectors are more exposed than others as the war drives up energy costs and squeezes consumer spending.
Plus, do wealthy people really flee high-tax states?
The economic landscape in this country looks very different now than it did four weeks ago, when the U.S. and Israel began waging a new war in Iran that has spread throughout the region. And the economic impact has been nothing but negative.
The war in Iran has sent consumer sentiment diving 6%, according to the University of Michigan’s monthly survey.
A new survey from the Peter G. Peterson Foundation said fiscal confidence is the lowest it’s been in a couple of years.
