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

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

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

A CIO says consumer sentiment has 'collapsed,' and US households are flashing a major warning sign

The University of Michigan's consumer sentiment survey dropped to one the lowest levels ever this month. Inflation and job stress are top of mind. Read More

Has America’s economy gone K-shaped? Here’s what to know

(NewsNation) — The U.S. economy is pulling apart: Booming for some, breaking for many. In other words, it’s looking K-shaped — one branch climbs while the other falls. For those on the upper arm, ... Read More

US retail sales growth cools; consumer sentiment sags amid job market worries

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' expectations for solid ... Read More

US Labor Market Now ‘Noticeably Weaker’ Warns Economist

Unemployment hit a four-year high in September, with data for October and November data show ongoing weakness in the labor market. Read More

This burrito is everything you need to know about America’s economy

Fact 1: America’s economy and stock market keep growing, buoyed by robust consumer spending and AI mega-growth. Fact 2: Hiring is at a standstill, inflation is rising, loan defaults are abundant and ... Read More

America can't spend its way out of a recession

A favorite adage of economists, market watchers, and financial journalists alike is that the American consumer is the engine of the US economy. If spending is not slowing, the thinking goes, the ... Read More

3 reasons the US can't count on wealthy Americans to keep the economy going strong

The US may not be able to rely on rich Americans to power the economy, BCA Research said. High-earning households have been a pillar of consumer strength, propping up growth. There are three reasons ... Read More

If the economy is good, why do some Americans still feel like everything is 'falling apart'?

Even with strong GDP growth and a booming stock market, 'there's something in the water right now that doesn't feel right' Confused by a tide of conflicting information, many Americans worry that the ... 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

Prolonged shutdown could send U.S. economy over the edge

The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the ... Read More