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Despite warning signs in the economy, Americans are still spending
Americans increased their spending at stores and restaurants in August, defying economists' expectations for a slowdown. Read More
Jobs Are Weak And Prices Are High, But Consumers Kept Spending in August
U.S. retail sales grew by 0.6% in August, coming in better than economists expected given the labor market's weakness and persistent inflation. Ignoring recent labor market weakness and persistent ... Read More
Consumer spending shows resilience despite stubborn inflation
Consumer spending rose in July by the most in four months, indicating resilient demand in the face of stubborn inflation. Inflation-adjusted consumer spending rose 0.3%, according to Bureau of ... Read More
US consumer spending strong; core inflation warmer on services
WASHINGTON, Aug 29 (Reuters) - U.S. consumer spending increased by the most in four months in July while services inflation picked up, but economists did not believe strong domestic demand would ... Read More
Consumer prices jump 0.4% in August, lifting cost of living
Consumer prices rose 0.4% in August, the biggest monthly increase since January, raising the cost of living for U.S. households. Read More
Americans kept spending last month despite elevated inflation
(CNN) — US consumers kept spending in July, even as inflation remained elevated that month, new data showed Friday. Consumer spending rose 0.5% from June, according to Commerce Department data ... Read More
People Still Spending on Tech Despite Red Flags in July Report
U.S. consumers continued to open their wallets in July, a new study from the Bureau of Economic Analysis showed on Friday, underscoring the resilience of household demand even as inflation held above ... Read More
Consumer sentiment fell to a three-month low of 58.2 in August, down from 61.7 in July
U.S. consumer confidence slipped again in August, with the University of Michigan’s final sentiment index falling to 58.2 from July’s 61.7, the lowest in three months. An earlier flash reading had ... Read More
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