Consumer Angst Is Striking All Income Levels
Signs of weakness are showing up in spending on everything from basics to luxuries.
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U.S. consumer sentiment drops by nearly 11% in March as Trump triggered inflation fears rise
The University of Michigan Consumer Sentiment Index indicated that U.S. consumer sentiment dropped to 57.9 in March, down ...
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US retail sales weaker than expected as consumer health under scrutiny
US retail sales logged smaller gains than expected in February according to government data released Monday, edging up from ...
Is it the end of the road for the American consumer?
Data from the Bureau of Economic Analysis showed a dip in real personal spending for January and was the first monthly decline since March 2023. This was not driven by a reduction in disposable income ...
Bank of America economist weighs in on consumer spending trends
Economic uncertainty remains a hot topic as consumers navigate rising costs, shifting wages and policy changes.