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Consumers enjoying a buoyant stock market and high house prices may feel inclined to spend more, but how much more is uncertain.
Consumers forecast inflation at 3.3% this time next year and are less confident that their earnings will rise as much as they had expected.
Consumers are still spending, but that looks a little different now than it has the past few years.
Retail sales were soft but not terrible in June. More importantly they are at least keeping up with inflation, and don’t foreshadow a recession.
Inflation was up and inventories down, but consumer spending kept GDP growing — albeit at a slower pace.
Retailers’ financial results show weaker spending on nonnecessities like electronics. Here’s where consumers are pulling back.
Data released this week shows there’s a disconnect between what people say and what they do.
After saving or investing around 40% of her income, Abigail Gomez has money left over for luxuries.
Here’s a look at why American companies are making more money, and how they’re spending it.
Although they’re contending with inflation and economic uncertainty, they continue to rack up debt and burn through their savings.