Economy News Consumers See Worsening Economy, Higher Inflation

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

Consumer confidence slides as Americans grow wary of high costs and sluggish job gains

U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown. Read More

American consumers say they're struggling. Tariffs will make inflation much worse.

Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office. Read More

U.S. retail sales cool as consumer sentiment falls

WASHINGTON >> U.S. retail sales increased less than expected in September, suggesting consumer fatigue amid higher prices because of tariffs, though the moderation did not dampen economists’ ... Read More

Consumer sentiment sours as government shutdown threatens economic damage

The fresh data marked three consecutive months of worsening shopper attitudes. Consumer sentiment soured in October as a government shutdown threatens to weaken a wobbly economy beset by an uptick in ... Read More

Consumer confidence dipped in October as inflation concerns persist

Consumer confidence slid for the third month in a row, new data shows, a sign that Americans' view of the economy is dimming in the face of a weakening labor market and stubborn inflation. The ... Read More

Consumer spending is the U.S. economy's main driver. Here's how it's doing

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. Read More

Scott Bessent’s Advice on How To Reduce Inflation Raises Eyebrows

On Sunday, the Treasury Secretary said consumers could lower their costs by migrating from blue to red states. Read More

Wait, I thought the economy was terrible. What happened?

“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of a ... Read More

Banks see a resilient American economy despite unknowns with tariffs, inflation

Wall Street had one of its most profitable quarters despite uncertainties facing the American economy that include erratic trade policy and steep tariffs from the White House and geopolitical upheaval ... Read More

Inflation, Economic Growth to Highlight Week’s Data

The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ... Read More

Consumers See Little Improvement Ahead on Inflation, Softening Job Market

Consumer sentiment changed little in October as Americans grapple with a softer labor market and high prices, although their assessment of future inflation improved slightly. Improvements in the ... Read More