US economy poised to slow as Trump's tariffs hit consumers

The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, immigration constraints intensify ... Read More

Trump’s Only-Okay Economy

I f you’ve been listening to Donald Trump and his critics over the past six months, they have found one thing they can agree on: Trump’s presidency would have a dramatic impact on the U.S. economy. Read More

The top 10% of Americans are propping up the economy. Here’s ... - MSN

Since the top 10% owns most of the wealth in the U.S., the economy is highly vulnerable to shocks in asset prices from a negative wealth effect. Here are the risks. The valuation of the S&P 500 is ... Read More

Consumers Keep Bailing Out the Economy. Now They Might Be Maxed Out.

American consumers and their credit cards have helped the U.S. economy weather many rough moments. Now, as recession fears resurface , the worry is that they might be maxed out. The stock market ... Read More

The U.S. economy is growing solidly. Here's why : NPR

The U.S. economy grew at an annual rate of 2.8% in the third quarter, led by strong consumer spending. The news comes days before a presidential election in which the economy has been top of mind ... Read More

Will Consumers Be Able to Rescue the Economy Again? - Investopedia

"Although consumers have been shifting how they spend their money, they’re still spending, and that can keep powering the U.S. economy forward," Kenwell said. "However, that engine could stall ... Read More

Vroom: Main engine of U.S. economy - consumers - Morningstar

Many Wall Street DJIA SPX economists are not convinced consumer spending can keep driving the economy forward at an above-average rate. Household purchases are tied to about 70% of overall U.S ... Read More

This year, consumers have had pessimistic economic outlooks - Marketplace

A vibe check for this economy, courtesy the Conference Board’s U.S. Consumer Confidence survey, comes out this week. The last time it came out, in April, consumers’ short-term outlook hadn’t ... Read More

The U.S. economy boomed in 2023, thanks to consumers opening up wallets ...

The U.S. economy grew by a bustling 3.1 percent in 2023, shaking off recession fears and offering an upbeat picture of consumers and businesses ahead of a pivotal election year. Read More

Global economy can thank U.S. consumers | Reuters

The U.S. consumer is coming to the rescue of the global economy. Back in 2009, companies turned to China to prop up a shaken world. Now, with decades-high inflation in many countries, they’re ... Read More

A Tidal Wave of Change Is Headed for the U.S. Economy

The major effects on the U.S. economy of shutting down trade with China will start to become apparent in the summer of 2025, when the United States might slip into a recession, said Torsten Slok ... Read More

The top 10% of Americans are propping up the economy. Here's what will ...

By contrast, the excess savings of the other 90%of Americans have declined. In other words, the U.S. economy now depends on the high-end consumer, which makes for highly fragile and unbalanced growth. Read More