Why are consumers spending more even as consumer sentiment keeps dropping?

Wealthier Americans are driving much of the growth in spending, while lower-income consumers are falling further behind. Read More

The Two-Speed Economy Is Back as Low-Income Americans Give Up Gains

High-earners and older Americans are faring better than ever, while fortunes are sliding again for low-wage and young workers. Read More

Americans kept spending last month despite elevated inflation

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 released Friday ... Read More

Americans' confidence in finding a new job falls to record low, according to NY Fed

Americans' confidence in finding a new job fell to the lowest measure on record, a survey from the New York Fed shows. Read More

Va. consumer sentiment edges up, but expectations go down

Virginia consumers are feeling better about the economy than they did last spring, when the threat of tariffs to near rock bottom in a quarterly survey by Roanoke College, but most of them don't ... Read More

Consumer sentiment slides in August as Americans express 'heightened concerns about high prices'

Consumer sentiment slipped in August as Americans primarily worried about one aspect of the economy: inflation. The University of Michigan's consumer sentiment survey released Friday showed year-ahead ... Read More

August consumer confidence dips with jobs and tariffs driving most unease

WASHINGTON (AP) — Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. The Conference Board said Tuesday that its ... Read More

‘Sneakflation’: How Trump’s tariffs are gradually raising costs for American consumers

Goldman Sachs economists said they expect that about 70% of the direct costs of the tariffs will eventually fall on the consumer, and that the total could rise to 100% if including the spillover ... Read More

Americans Are Gloomier Than Ever About Their Financial Future

Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh joined Newsweek in 2024, having worked at Alliance News Ltd where ... Read More