The wallets are open, but the runway is getting shorter. Consumer spending in March continued to outpace income growth, with rising energy costs and everyday...
Household spending is still advancing, but income isn’t keeping up anymore. The latest economic data and PYMNTS Intelligence reporting show households continuing to transact and...
The U.S. economy is advancing on the strength of household spending even as the pace of income growth slips into a lower gear. Get the...
Both incomes and consumer spending increased in June, according to estimates released Thursday (July 31) by the Bureau of Economic Analysis (BEA). Get the Full...
Data on personal income, spending and saving released Friday (June 27) from the Bureau of Economic Analysis painted a portrait of a pinched consumer. Get...
Consumer spending — the engine that drives the U.S. economy — is flagging, helping to reverse what seemed like relentless growth in gross domestic product...
April’s data on inflation and consumer activity show slowing price increases, a boost to savings and a deceleration in spending, too. Get the Full Story...
Tariffs are in limbo. GDP is shrinking. CEOs are pessimistic. And consumers are caught in the middle of all the uncertainty, buffeted by rising prices...
Consumer spending, the chief engine of economic growth, was not enough to stop an overall pullback in U.S. gross domestic product (GDP). And with evidence...