The American Consumer has found a way to keep on spending in the face of rate hikes and inflation. Can it continue?
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer ...
Prices rose just 2.1% in September. That is barely above the Fed’s 2% inflation target and in line with readings in 2018, ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.5% last month after an upwardly revised 0.3% gain in August, the Commerce Department's Bureau of Economic ...
“The details of the August retail sales report were softer than the headline increase, especially after accounting for the support from autos,” Bank of Montreal economist Shelly Kaushik wrote in a ...
The U.S. economy grew at a solid annual rate of 2.8% in July, August and September, with consumer spending leading the way, ...
The Federal Reserve Board reported a 1.2% year-over-year decrease in August in revolving credit, which is a line of credit you can borrow against and pay over time. The same measure saw a 0.4% ...
While robust consumer spending helped drive growth, a new Utah poll finds voters believe economy headed wrong direction.
OTTAWA, Oct 25 (Reuters) - Canada's retail sales in August increased marginally and missed expectations as consumer spending showed strains across majority of sectors, data showed on Friday.
OTTAWA - Canadian retail sales rose 0.4 per cent to $66.6 billion in August, helped by higher new car sales, Statistics Canada said Friday. However, core retail sales — which exclude gasoline ...
“Consumer spending continues to lag well behind population ... Sales at food and beverage retailers dropped 1.5 per cent in August, as supermarkets and other grocery retailers fell 1.9 per ...