Although investors cheered the Federal Reserve’s recent rate cut and the stock market has kept powering along, the economy is facing growing headwinds on one crucial front - consumer spending.
Lower-income U.S. households are cutting back on eating out, travel, and pantry staples like diapers, soda, and beer, as U.S. tariffs on imports are set to push prices even higher, said executives ...
Those top earners, defined as Americans making at least $251,000 in 2024 according to Census data (2), drove 49.2% of ...
From airlines, retail giants, and restaurants, industries are increasingly tailoring their offerings to appeal to higher‑earning customers as they continue to take up a growing share of their customer ...
Consumer brands are reporting strong sales from the first half of the year in spite of economic warning signs. Even with better-than-expected results, some executives recommend caution going forward.
Lower-income households cut spending on essentials amid inflation and tariff concerns Companies face shrinking margins as price hikes fail to boost sales Fast-food chains offer cheaper menu items to ...
Learn how the Personal Income and Outlays report from the BEA offers insights into consumer spending, income, and economic trends—critical for smart financial decisions.
Holiday shopping season sets forth an annual gut check for the U.S. economy, prompting buyers to splurge in a show of ...
Consumer spending rose in July by the most in four months, indicating resilient demand in the face of stubborn inflation. Inflation-adjusted consumer spending rose 0.3%, according to Bureau of ...
WASHINGTON (Reuters) -The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare ...
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