Economy News Consumers See Worsening Economy, Higher Inflation

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

A flurry of economic data released Tuesday after a blackout during the government shutdown paints a confusing picture of the US economy. • September wholesale inflation rose by 0.3%, keeping the ... Read More

Consumer confidence falls sharply as Americans worry about the economy

Consumer confidence plunged in November to lowest level since April as Americans cite inflation, tariffs, and uncertainty as weighing on sentiment, according to The Conference Board. 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

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 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

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

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

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