China’s leaders have again pledged to give consumption a bigger role in driving growth, but economists remain unconvinced. The emphasis given to technological self-sufficiency and advanced manufacturing has…
Read more China’s Bid for Tech Prowess to Keep Lid on Consumption BoostThe numbers: A survey of consumer sentiment survey reached a 22-month high of 71.6 in July, helped by a slowdown in inflation and a robust jobs market. The…
Read more Consumer sentiment hits 22-month high on easing inflationThe numbers: Consumer spending rose 0.5% in June in a sign of confidence in the economy as inflation eased again and the U.S. continued to grow. Analysts polled…
Read more Consumer spending climbs again as Americans show confidence in the economyIs America going into a recession or not? That depends on who you ask—and how old they are. Consumer households from their 20s to their 50s are now…
Read more America may now be in a youth-cession: Consumers over age 60 are propping up the economyThe numbers: The final reading of a consumer-sentiment survey in May rebounded slightly to 59.2, but Americans remained worried about the future of the economy, especially against the…
Read more U.S. consumer sentiment rebounds slightly in late May, but worries persistWalmart, Alibaba, Target, and More Stocks to Watch This Week Source link
Read more Walmart, Alibaba, Target, and More Stocks to Watch This WeekThe numbers: Consumer spending fell 0.2% at the end of 2022, indicating the U.S. economy entered the new year with fading growth prospects and rising odds of recession.…
Read more Consumers spending falls at the end of 2022 and that’s not good news for the U.S. economyThe numbers: Consumer spending rose a tepid 0.1% in November, suggesting greater caution by households and heavy discounting in the holiday shopping season. Analysts polled by The Wall…
Read more Consumer spending barely rose at start of U.S. holiday shopping seasonWe want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience,…
Read more Inflation and credit-card debt are on the rise, despite a strong job market. Tell us how the economy is affecting you.Rent growth is beginning to cool. But it’s descending from a heck of a peak. Rental prices climbed 7.2% between September 2021 to September of this year, the…
Read more Some good news: One key driver of inflation is finally showing signs of easing
