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There are many contradictory economic trends these days, and history isn’t providing its usual hints about what will happen next.
Retailers are worried that inflation and fear of a potential recession will impact holiday spending.
Sales rose 0.3% last month, but there are signs some consumers are pulling back on big-ticket items, excluding cars.
These short-term credit companies are running into questions about their customers’ ability to pay them back. Regulators are paying more attention.
Retailers are trying to get rid of excess inventory by marking down certain products. That’s likely to lure shoppers.
Target, Walmart and others have struggled to keep up with changes in consumer buying and have had to predict demand further in advance.
Walmart customers are thinking about rising prices. Home Depot customers are thinking about rising interest rates.
The University of Michigan survey shows improvement, especially among low- and middle-income consumers, who have struggled most with inflation.
While consumers cut back on goods spending, spending on services jumped.
The mood worsened for the third straight month, but many Americans have financial cushions.
