consumer spending

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Retail Sales Tick Higher in July

The U.S. Census Bureau has released the retail sales figures for July. Investors and economists have been looking for the consumer to drive the economy, particularly as about 70% of ...
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dollar

Personal Income and Spending Show No Real Inflation

Personal income and personal spending both came in with positive readings for the month of June. Personal income was up 0.4%, versus a 0.3% consensus from Bloomberg, and the month ...
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White House South Lawn, Blue Sky, Washington, DC, USA

White House Expects Only 2% GDP Growth This Year

Buried deep in the White House "Mid-Session Review" to Congress is the executive branch's forecast for gross domestic product (GDP). The number is only 2% this year. As a matter ...
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Money background. Close-up.

Americans Lift Back-to-School Spending

American parents will spend more this year than last and begin back-to-school shopping earlier. In theory, it is a good sign for the economy. Unless, that is, people cut spending ...
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American flag

Over 41 Million Americans Will Travel During July 4th Holiday

Strong employment. Cheap gas. The two equal a rise in the number of people who will travel over the July 4th holiday, according to the AAA. The organization's management reported: ...
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ATM machine

Banks Making the Most From Overdraft and ATM Fees

With the recession being receding into the past, many consumers are still coping with how they feel about their banks. Whether you bank at a community bank, a regional bank ...
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American Express Logo

Do AmEx Shares Deserve a Second Look After Strong Credit Metrics?

American Express Co. (NYSE: AXP) may deserve a second look after its May credit card statistics. The Dow Jones Industrial Average stock showed very strong results in its credit metrics ...
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marijuana leaf

Estimated $10 Billion Marijuana Sales in 2015 Far Too Low

When new business segments start to reach $1 billion in annual sales, they often get noticed by new business and venture seekers. But when new business segments reach $10 billion ...
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Cars on a lot

7 Cars Buyers Cannot Wait to Trade In

On average, a new car buyer in the United States keeps the car for more than 11 years. It is rare for a buyer to turn around and sell that ...
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Credit cards

Consumers Start Borrowing More

The Federal Reserve releases its report on consumer credit with a one-month lag, but there may finally be some good news for the economy here on this front. March saw ...
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Amex Plenti Card

American Express Desperation Loyalty Card

American Express Co. (NYSE: AXP) announced Monday morning that it is now offering a co-branded credit card with a new, U.S.-based “loyalty coalition” called Plenti. The new program, which is ...
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Luxury goods

Can $21 Billion in Mother’s Day Sales Lift Retail?

Many larger retailers need a lift, based on data since the start of the year. Perhaps Mother's Day will help them. The National Retail Federation (NRF) forecasts Mother's Day retail ...
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Big-Mac

Obviously, People Will Not Pay for Hamburger Delivery From McDonald’s

A company called Postmates wants to rule the world of the home delivery of fast food -- literally. This means on-demand delivery in every major city in the world. Postmates ...
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teens shopping

Consumer Stocks Being Reshaped by Changing Tastes of Millennials

Companies are learning to change their offerings and operations to be geared toward millennials. Those companies not making changes may be jeopardizing their operations in the years to come. After all, ...
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Inflation

Economic Conundrum: Weak Inflation vs. Slow Retail Sales

What are economists and investors supposed to think of a trend in which inflation remains low, yet consumers just do not really want to buy more and more goods that ...
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