Americans Increased Spending Tepidly Last Month as Anxiety Over the Economy Takes Hold

U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the e ... Read More

Consumer confidence plunges to 29-month low as economic uncertainty grows

Consumer sentiment in the U.S. has fallen to its lowest level in nearly two and a half years amid economic uncertainty under Trump’s administration. Read More

Understanding Consumer Confidence

After reviewing the consumer confidence data, Robert Hughes of the American Institute for Economic Research, writes that consumers may be enjoying lower gas prices but still encounter higher ... Read More

How Much Do Americans Spend on Gas Every Month?

Americans spend 3.2% of their total budget on gas every year. In 2021, that amounted to $2,148, up nearly $600 from 2020 as the economy ... as prices were relatively low. As gas prices rise ... Read More

Consumer confidence registers biggest monthly decline since August 2021 as inflation fears take hold

The American consumer is getting worried about the economy. Economic jitters are ... followed by a tank of gas and prices for concerts or sporting events. Read More