U.S. consumer spending surged to its highest level in three years during February, but the gains mask a deeper divide between wealthy and lower-income Americans, according to new data from the Bank of ...
A lot has been going on in the spending and consumer sides of the economy lately. Later this week, there will news on how a bunch of mega-retailers are doing, with earnings reports from Home Depot, ...
America’s consumer economy is pulling in opposite directions, a gulf increasingly apparent in C-suite commentary, with premium brands profiting from well-off customers while value-focused firms battle ...
(Reuters) -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 ...
Reviewed by Erika Rasure Key Takeaways The income effect causes changes in spending behavior when consumer incomes shift.The substitution effect influences purchase choices due to price ...
Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spending also dipped, with personal consumption ...
BOSTON, Sept. 18, 2025 /PRNewswire/ -- Prospects for the US consumer are deteriorating as earners at both ends of America's income spectrum send clear negative signals this month over the outlook for ...
BOSTON, Nov. 20, 2025 /PRNewswire/ -- Prospects for the US consumer are darkening as mounting signs of financial and economic stress for lower-income Americans intensify risks of a downturn ahead for ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
CHICAGO, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Serious consumer-level delinquency rates (60+ DPD) for mortgage loans—while still at historically low levels—have gradually risen from 0.89% in Q2 2023 to ...
Confidence among consumers fell this month as worries about slowing income gains and the cooling job market clouded their current and future outlook on the economy, The Conference Board said Tuesday.