Economy News Consumer Spending, Strong Labor Market Keep U S Economy Ticking Along

Consumer spending points to strong GDP, but is momentum in the U.S. economy fading?

Consumer spending rose again in September, likely foreshadowing data showing a robust pace of economic growth in the third quarter when the long-delayed report is released a few days before Christmas. Read More

US consumer spending slows in September as high prices curb demand

U.S. consumer spending increased moderately in September after three straight months of solid gains, suggesting a loss of momentum in the economy at the end of the third quarter as a lackluster labor ... Read More

US Consumer Spending Stalled in September, Inflation in Line

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation. Read More

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 spending stalled in September as inflation remained stubborn

The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in ... Read More

What Credit-Card Trends Tell Us About the U.S. Consumer, in Charts

Americans may feel worse about the economy, but they are still wielding their credit cards with confidence. An escalating trade war, a prolonged government shutdown and a stagnant job market have ... Read More

Is the U.S. economy getting weaker? Here's what we know.

Worries about the economy might be starting to affect consumers' spending decisions. If the U.S. economy was really flying high, the Federal Reserve wouldn't have lowered interest rates last month. So ... Read More

How the U.S. economy is defying gravity—and how insights into human behavior help us understand why

U.S. economists may be barely holding on by the edge of their fingernails over the current state of the American economy, but strangely, consumers don’t seem to care. When Donald Trump entered his ... Read More

You're living in a "K-shaped" economy. Here's how that affects you.

To understand how Americans are faring economically these days, it's helpful to consider the eleventh letter of the alphabet. Experts describe the current U.S. economy as "K-shaped," a reference to ... Read More

Is The Consumer Economy Headed For A Perfect Storm?

After battling through five years of turmoil—the Covid-19 shutdown, runaway inflation, spiking interest rates, and tariff chaos—retail industry execs could be forgiven for thinking the worst is ... Read More

U.S. Bank and peers see strong economy as resilient consumers continue spending

Banks are turning out big profits and touting the resilience of the American consumer, even as industry concerns have popped up lately about potential risks lurking in the economy. At ... Read More