Here’s How High-Income Americans Keep Spending in a Shaky Economy
The top 10% now drive 45.5% of consumer spending, while withdrawals from investments are rising across every age and income group.
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The top 10% now drive 45.5% of consumer spending, while withdrawals from investments are rising across every age and income group.
For nearly four years, economists have been predicting that consumers would fail the economy. To their point, sustained high inflation, the fastest Fed tightening cycle in decades,...
Hong Kong’s retail sales rose by 5.6 per cent year on year in August, with the latest figures showing consumer spending picking up after growth eased for two consecutive months. Re...
Consumers are prioritizing holiday purchases and experiences above competing financial priorities and money concerns. That's a prime finding of ICSC's "2026 Holiday Intentions" sur...
Americans stepped up their spending in August, defying some of the weakest readings on consumer sentiment and confidence in years. The post Consumer Spending Soared In August appea...
RBC is just out with its latest Canadian consumer spending tracker, based on its card data. I've found this report to be a good leading indicator for the retail sales report. The n...
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...
WASHINGTON, D.C.: U.S. consumer spending surged in August while inflation rose less than economists expected, a combination that could give the Federal Reserve more time before rai...
by Martin Armstrong Economists keep pointing to consumer spending as proof that the American economy remains strong. Americans spent 0.9% more in August, and naturally this is bein...
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...
The mixed readings are unlikely to shift Bank of Japan rate expectations decisively in either direction, limiting the immediate impact on the yen and Japanese government bonds. A s...
Between January and July, retail sales have fallen month-on-month three separate times
NEW YORK (AP) — Shoppers showed their willingness to spend in September even after a better-than-expected splurge in August.But a big chunk of their purchases last month...
The average household spend this holiday season is expected to increase to $1,654, up 4% over 2025, with gains coming from Gen Z and millennial shoppers. That's a top finding of a...
Watch: Generational gaps will play a large part in what and where consumers will spend on gifts and travel this year
Consumer confidence is in the basement, yet consumer spending keeps rising. A financial expert reveals five essential reasons behind the disconnect.
New study finds that sales rose 5.3 percent year on year in August, and it will ne music to Hollywood’s ears
Holiday sales are projected to rise 4.2% and top $1 trillion, slightly outpacing inflation as consumers remain mindful of their budgets.
NEW YORK (AP) — Shoppers showed their willingness to spend in September even after a better-than-expected splurge in August. But a big chunk of their purchases last month went towa...
A new Popmenu study found 67% of U.S. consumers are spending less at restaurants than they did last year, while 60% are dining out less frequently. Average restaurant spending stan...
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.
Last year’s average monthly household spending remained higher than in 2024, but lower than in 2010.
Consumer spending is below last year's levels, according to the latest Paymark data.
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