Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate ...
Many economists and others have felt relief over continued GDP growth. But data like this suggest that the foundation of the ...
Consumer companies rose, but remained in the red for the week, as traders hedged their bets on the growth of consumer spending. One brokerage said the December employment report, due next week, is ...
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s ...
According to preliminary insights from Mastercard (NYSE: MA) SpendingPulse, U.S. retail sales excluding automotive increased ...
Consumer spending, which accounts for more than two-thirds of US economic activity, rose 0.4%. Read more at straitstimes.com.
The holiday sales growth suggests the U.S. economy has remained robust, even amid high borrowing costs. Gross domestic ...
OVER the last few years, the US economy has consistently defied expectations for a slowdown, and 2024 was no different. Read ...
WASHINGTON — US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience, which saw the Federal Reserve this week projecting ...
Fueled by consumer spending, which drives nearly 70 percent of U.S. economic activity, the nation's economy expanded at a healthy 3.1 percent annualized rate in the third quarter. Economists ...
As the value competition "intensity" picks up in January, RBC Capital Markets predicts that there could be a headwind to traffic rebound and franchisee profitability at Burger King parent company ...
Jaggi emphasizes the remarkable resilience of US consumer spending. "I think it really says a lot about the fact that, at the end of the day, this consumer economy keeps finding ways to engage ...