Bank of America data reveals a stark K-shaped economy as higher-income Americans spend 2.6% more while lower-income ...
The latest run of economic data has reinforced a simple reality: the fate of United States growth still hinges on how freely ...
The American consumer economy is increasingly powered by a narrow slice of households at the very top of the income ladder. The wealthiest 10 percent now account for roughly half of all spending, a ...
NPR's Ayesha Rascoe talks to Bankrate analyst Ted Rossman about consumer spending and debt, and what it tells us about the overall health of the economy. The American economy is a consumer economy.
WASHINGTON, Dec 5 (Reuters) - U.S. consumer spending increased moderately in September after three straight months of solid gains, suggesting a loss of momentum in the economy at the end of the third ...
WASHINGTON, Sept 26 (Reuters) - U.S. consumer spending increased slightly more than expected in August as households went on vacation and dined out, keeping the economy on solid ground as the third ...
US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation. Consumer spending, adjusted for changes in ...
High-frequency weekly indicators suggest the U.S. economy remains in expansion, with both short leading and coincident indicators staying largely positive. Long leading indicators have improved, as ...
However, considering that the holidays can spur some irrational spending patterns, there does remain some concern about consumers’ financial health moving forward, she said. “If they’re just amassing ...