[ad_1] The trade deficit is still far wider than it was before the pandemic hit. Odds are that it is going to stay that way for a while. [ad_2] Source…
Tag: Consumer Spending Figures
Consumers Are Spending Like It’s 2019
[ad_1] Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. [ad_2] Source link
Stocks Slip on Worries About Consumer Spending
[ad_1] Climb in government-bond yields pauses, with 10-year hovering near highest mark since 2007. [ad_2] Source link
U.S. Inflation, Consumer Spending Growth Cooled in May
[ad_1] Consumer prices and spending rose more slowly in May, but the Federal Reserve likely remains on track to raise interest rates in July. [ad_2] Source link
U.S. Economy Shows Surprising Vigor in First Half of 2023
[ad_1] Layoffs remain historically low and the economy grew more briskly than estimated. [ad_2] Source link
China Cuts Borrowing Rates Again in Bid to Juice Recovery
[ad_1] Economists say that more drastic measures may be needed, with debt and uncertainty continuing to weigh on consumers’ willingness to spend. [ad_2] Source link
Why Spending Less May Be Good News for Card Companies
[ad_1] Investors in card lenders should be happy to see consumers not overspending. [ad_2] Source link
China’s Consumers Lead Recovery in April
[ad_1] Retail spending has come back strong, but surveys also showed a surprise contraction in factory activity in April. [ad_2] Source link
Wage Gains Pick Up as Fed Contemplates Next Rate Decision
[ad_1] Wage growth in the U.S. remained elevated to start the year and inflation stayed high, likely keeping Federal Reserve policy makers on course to raise interest rates again at…
GDP Report to Show Pace of U.S. Growth in First Quarter
[ad_1] Consumer spending and hiring have cooled recently after a robust start to the year. [ad_2] Source link