U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, ...
Americans are worried about money. So why are they spending more than ever?
What's the disconnect between consumers saying they are worried about the economy but holiday spending was at record highs?
US inflation, consumer spending ticks up to end 2024
Just two days after the Federal Reserve voted to pause on adjusting its benchmark interest rate, the latest release of the ...
US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
MarketWatch7d
The good and not so good in consumer spending
Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years.
Marketplace9d
GDP shows spenders keep spending despite high interest rates
The report says the continued vigor is mostly thanks to you, the consumer. Because consumer spending rose 4.2% in the fourth quarter, the fastest pace since early 2023. When economist John Leer at ...
Marketplace7d
Consumer spending was — once again — key to GDP growth last quarter
As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the quarter. Spending on durable goods — items designed to last ...