A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
December, picking up on increased government and consumer spending, official data showed on Friday, and the government said ...
U.S. Commerce Secretary Howard Lutnick says a recession would be "worth it" to get President Donald Trump's economic policies ...
Historically, February in a post-election year has been the worst month for the U.S. stock market, according to Carson Group.
Consumer and business sentiment is wobbling as fiscal support fades and tariff fears rise. Read more at straitstimes.com.
Airfares were the catalyst for softer inflation prints in February, but the good news may not last given tariffs ...
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The state of the US economy, in 9 chartsPresident Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do so with an economy that is mostly chugging along.
One key indicator signaling an imminent recession is the Atlanta Fed’s GDPNow forecasting model, which updates in real time ...
The negative swing doesn’t necessarily signal a recession: It largely reflects a sharper-than-expected pullback in post-holiday consumer spending and a larger inflow of imported goods in advance ...
A very busy end of month session on Friday night saw a drop in US consumer spending but Wall Street played the short covering game while Chinese volatility spiked earlier in the session, causing ...
Chart 5 shows that by the end of 2017, increased equity extraction could have added about 2 percent to the level of consumer spending on durables and semi-durables, and 11 percent to the level of ...
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