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 to lowest level since April as Americans worry about inflation and jobs

Americans are increasingly wary of high costs and sluggish job gains, with perceptions of the labor market worsening. 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

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

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

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... 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

A lighter Santa’s sleigh: Two out of five Americans plan to spend less this holiday season amid economic uncertainty

A separate survey last month also found that financial concerns are affecting holiday spending, with 26 percent of Americans spending less on gifts than they did last year. However, 18 percent are ... Read More