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Shoppers continue to open their pocketbooks, boosting retailers like Walmart, even as inflation jumps to its highest level in three years.
Consumers are cutting back on goods with sharp price increases, according to the Bureau of Economic Analysis. From December to February, spending on clothing fell 7%, spending on f...
WASHINGTON, D.C.: Americans are increasingly cutting back on spending despite U.S. stock markets hovering near record highs, as elevated inflation and soaring gasoline prices conti...
WASHINGTON, D.C.: Americans are increasingly cutting back on spending despite U.S. stock markets hovering near record highs, as elevated inflation and soaring gasoline prices conti...
Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.
Despite caution, most Canadians still shop weekly for comfort, identity, and connection
While overall spending remains stable, a closer look at spending by category shows a clear reallocation of consumer dollars
Canadian consumer spending rebounded during the first quarter even as U.S. tariffs and geopolitical tensions loomed over the economy.
UK consumer spending fell 0.1% in April, the first annual decline since late 2024, as Iran war fears drove households toward savings and away from big-ticket and travel spending, B...
Prior was +0.6%Ex-autos +1.9% vs +1.4% expectedPrior ex autos +0.5% Ex autos and gas ++0.6% vs +0.4% prior (revised to +0.2%)Control group +0.7% vs +0.2% expectedPrior control +0.5...
Higher-income shoppers have kept retail sales healthy, but the economic impact of the war in Iran presents an unknown, according to industry analysts.
Bloomberg consensus for tomorrow’s release of April real consumption is for flat growth. Figure 1: Household net worth, end-of-quarter, in bn.Ch.2017$ (blue square, left log scale)...
By Bill Pan Americans kept on spending in March amid a sharp rise in gasoline prices, new government data suggest. Retail sales, an estimate of how much money people spend on goods...
U.S. consumers spent far more at American retail stores, gas stations, and online than economists had forecast, showing no signs that the household sector has shied away from every...
U.S. consumers spent far more at American retail stores, gas stations, and online than economists had forecast, showing no signs that the household sector has shied away from every...
U.S. consumers spent far more at American retail stores, gas stations, and online than economists had forecast, showing no signs that the household sector has shied away from every...
Data suggests travellers are becoming increasingly selective about where they holiday and how much they spend once abroad.
As the economy struggles and many Americans look for ways to save money, Costco has proven resilient. The chain has continued to grow its membership.
80% of Americans are adjusting spending due to higher gas prices, with 60% cutting back on entertainment and 50% on travel. Advisors can use this as an opening to discuss long-term...
Canadians cut expenses and tap savings while eyeing opportunities in housing market
These spending categories snatch thousands of dollars from the average household in the U.S.
A reader asks: What is consumer debt doing? All this bad news and people are still spending like drunken sailors?! Where is the canary in the coalmine? Fair question. This entire d...
Canadian retail sales continued to rise last month after a solid first quarter, but skyrocketing gasoline prices appear to be increasingly eating into household budgets.
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