The economy slowed a bit -- but Americans continued to spend
The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending pick...
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The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending pick...
In 2025, about half of observed consumption, according to Bigot and Espic (BdF): Source: Bigot and Espic (2026). The estimates rely upon work by Beach, Gamber and Moran (2025) at t...
Faced with high prices, dwindling savings and slowing wage growth, Americans are searching for deals and unique merchandise while shying away from big purchases.
By Alicia Wallace, CNN (CNN) — US consumers reined in their spending in July as inflation remained stubbornly high, new Commerce Department data showed Wednesday. Consumer spending...
Why does the economy continue to grow? The post Spending Money appeared first on A Wealth of Common Sense. ...
New research reveals a widening gap in Canadian household spending as the cost of living remains a challenge for many
The household spending beat is likely to firm up market pricing for an RBA rate hike, with the acceleration in annual growth to 7.0% suggesting consumer demand is running hotter th...
Between January and July, retail sales have fallen month-on-month three separate times
Lower gas prices have been a relief for households struggling with higher living costs. But now they are creeping higher again. When food prices began rising rapidly at the end of...
The scale of the miss, a 6.4% month-on-month drop against an expected 3.1% decline, weakens the case for a September Bank of Japan hike by casting doubt on the strength of domestic...
Epsilon research predicts overall UK consumer spend to be £17.9bn between Black Friday and Christmas sales.
The scope of the initiative, spanning market infrastructure, retail licensing, brand penetration, and service parity between urban and rural areas, signals Beijing continuing to le...
The drop in spending raised concern among some economists about the resiliency of consumers who have powered the economy forward despite nagging inflation and soaring gasoline pric...
Consumer card spending grew by 1.9 per cent year-on-year in June, a marked improvement on May’s 0.8 per cent growth, but below the latest CPIH inflation rate of 3.0 per cent. The p...
Growth is concentrated in higher-income consumers as many shoppers contemplate discretionary purchases, per new data from Circana.
Fuel prices above $4 per gallon impact consumer behaviour, driving spending trade-offs and slowing Walmart's growth.
MANILA, Philippines — SM Investments Corp. (SMIC) booked a record first-half net income of P45.9 billion, up 8 percent, fueled by resilient consumer spending and gains across its d...
“U.S. consumption has remained remarkably strong despite higher fuel prices sparked by the war in the Middle East, though signs of strain have started to emerge,” Semafor reports....
Outlays by households adjusted for inflation dropped 3.3% in June from a year earlier, compared with a 0.9% increase forecast by economists.
Consumers are increasingly focused on stretching their cash further.
But new data shows New Zealanders are spending less on fuel, vehicles and services.
Treasury Secretary Scott Bessent said Americans’ spending behavior shows the consumer economy remains strong despite surveys suggesting otherwise, while pointing to continued wage...
Consumers are splurging more via subscription payments, often for fashion and entertainment, a new Bank of America report says.
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