America's wealthiest households are accounting for a growing share of consumer spending as market-driven gains in their net worth fuel a wealth effect, a new analysis by Moody's Analytics finds. The ...

Statista. “Quarterly Consumer Spending in the United States from 2018 to 2024.” U.S. Bureau of Labor Statistics. “Consumer Expenditures—2023.” U.S. Bureau of Labor Statistics.

Household income growth is slowing and likely to downshift further in the next few years, posing risks for consumer spending and the ... Play the USA TODAY Daily Crossword Puzzle.

Sales at retailers and food establishments account for about a third of overall spending in the US. The American economy is driven by consumer spending, accounting for about 70% of economic output.

Consumer spending, which accounts for more than two-thirds of US economic activity, dropped 0.2 percent last month, the Commerce Department's Bureau of Economic Analysis said.

The oldest Gen Zer, who turns 24 this year, has more sway in consumer behavior ... old millennial has spending power Millennials have become the economic driving force in America.

The holiday shopping season was a gift of sorts to the economy: Consumer spending surged in December to cap off another strong year of growth and position the U.S. to expand briskly again in early ...