consumer spending

Personal Income and Spending Add to Weak Inflation Malaise

There is yet another disappointment on the inflation front, one weak enough that it may be one more thorn in the side of the Federal Reserve and Chair Janet Yellen ...
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Inflation and Retail Sales Continue to Disappoint

Earlier this week Federal Reserve Chair Janet Yellen signaled in her congressional testimonies that the Federal Open Market Committee's rate hikes may already be closer to an end. Yellen also ...
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9 American Businesses That Amazon and Jeff Bezos Will Never Target

It is no secret that Amazon Prime Day is a big deal in retail. It may not be a new Valentine's Day, but it is certainly yet another non-Amazon retail ...
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Study Shows Alaskans Spend Most on Drugs per Day

A new report details the extent of Americans’ drug consumption, which are the narcotics of choice, which states' residents spend the most to get the drugs and what some people ...
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Americans Will Spend $7.1 Billion on July 4th Celebrations

The National Retail Federation (NRF) expects the 219 million Americans who will celebrate the 4th of July holiday weekend to spend a total of $7.1 billion. That is up from ...
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As Household Debt Hits New Highs in 2017, Serious Delinquency Rates Are Rising

The Federal Reserve Bank of New York has released its Household Debt and Credit Report for the first quarter of 2017. While the economy has been recovering and while things ...
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Easter Spending Expected to Reach $18 Billion

Although its lags behind the big year-end holidays, Easter is a boom time for many retailers. Consumers will spend $18.4 billion on Easter this year, up 6% to an all-time ...
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St. Patrick’s Day in 2017 to Set Record for Economic Impact

It is St. Patrick's Day in 2017. While many of us will be out celebrating at some point on Friday, St. Patrick's Day actually makes for a significant economic contribution. ...
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Student Debt

American Household Debt Almost Back at Pre-Recession Levels

The Federal Reserve Bank of New York's Center for Microeconomic Data has released its reading for the level of household debt for the fourth quarter of 2016. As the headline ...
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Cash register

Are Inflation and Consumer Spending Already Petering Out?

If you grew up any time prior to recent years, you might wonder why on earth anyone ever wants inflation to come back. The reality is far more complex, and the scare ...
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Retail

Personal Income, Spending Flatten in November

The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) reported Thursday morning that personal income increased month over month by less than 0.1% in November, after rising 0.5% in ...
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Christmas disappointment

Many Americans Don’t Like What They Get for Christmas

Often people say they have a friend or relative who is "hard to buy for" as the holidays approach. A subset of that is "people who already have everything they ...
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Snowstorm

Is Cold Weather Good News or Bad for Retail?

A blast of cold Arctic air swept across much of the northern part of the country last week, and an even colder shot is due in the next few days. ...
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Snowstorm

Cold Weather Could Undermine Holiday Sales

The measure of gross domestic product (GDP) for the first quarter of 2014 was wrecked by bad weather, according to many experts, even the White House. An extended period of ...
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coins

The Permanent Death of 99 Cent Gas

Early this year, the price of a gallon of regular gasoline dropped below 99 cents in some parts of the country. Why? Goldman Sachs forecast oil could drop under $20 ...
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