The Government Needs Wealthy Consumer Spending To Keep GDP Growing
A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
Here's what to expect in the CPI report on Wednesday
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.
Could Wobbly Consumer Sentiment and Spending Undercut the Economy?
Consumer surveys show a decline in sentiment as President Donald Trump ramped up tariff talk, while retail sales and consumer spending levels have also decreased.
Trump policy concerns send US consumer confidence plummeting to eight-month low
U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February while 12-month inflation expectations surged.
Fox Business host on ‘shocking decline’ in consumer spending: ‘The boom times are over’
Fox Business Network host Charles Payne said the apparent decline in consumer spending was “shocking” on Friday, and he claimed a return to “boom times” was not on the ...
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
India's economic growth picks up on rising government, consumer spending
December, picking up on increased government and consumer spending, official data showed on Friday, and the government said ...
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New Tariffs Could Spoil Consumer Tech Spending Record
We urge the incoming administration and Congress to prioritize an Innovation Agenda that fosters growth.” This chart shows a forecast of U.S. consumer electronics retail sales.