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 ...
Consumers will continue to drive the U.S. economy next year, but a softening labor market may dampen growth, according to ...
US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.
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 ...
ChatGPT has reached $3B in lifetime mobile consumer spending in just 31 months, faster than TikTok and major streaming apps.
There's a puzzling split between how consumers overall feel about the economy and how they're acting, how much they are spending overall. Normally spending and feelings go together. Not right now.
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 ...
Consumer spending is a coincident-to-lagging indicator, not a leading one, so it’s a poor tool for forecasting the business cycle. Durable goods consumption is the most cyclical and informative ...
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 ...
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