The top 10% of American households in terms of income earned are driving nearly half of all U.S. consumer spending, according to a new analysis by Moody's Analytics.
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 softening travel spending also appeared to be limited, for now, to flights within the United States and to lower-priced fares, according to Delta and United Airlines. “Good news is that ...
U.S. consumer spending collapsed in January ... which some reports indicated was part of the coldest winter in the United States in 25 years. Consumer staples stocks are shares of companies ...
which some reports indicated was part of the coldest winter in the United States in 25 years. While consumer discretionary spending took a beating, consumer staples likely held up better.
U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve to delay cutting interest rates for some time. Consumer spending, which ...
WASHINGTON (Reuters) - U.S. consumer ... spending on housing and utilities as well as food services and accommodation. They ...
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.
WASHINGTON — U.S. consumers cut back sharply on spending last month, the most since February ... The three countries are the ...
The General Services Administration plans to sell hundreds of government buildings, including FBI headquarters. Use our ...
Australia’s economy expanded at the fastest pace in two years in the December quarter, boosted by an improvement in household spending and ... meat exports to the United States and increased ...
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.