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

Americans keep spending despite gloomy economy

Despite a pervasive sense of economic pessimism, Americans continue to spend robustly on goods and services. Recent retail trends reveal sustained consumer activity, even as negative sentiment looms ... 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

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

Wall Street Warns Of ‘K-Shaped’ Economy—Here’s What To Know

As Americans have raised concerns about rising prices, a possible recession, a cooling labor market and an ongoing government shutdown in recent months, economists have warned the U.S. economy may be ... 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