consumer spending

Welder

Producer Prices and Retail Sales Show Disappointing Inflation Trends

Wishing for higher inflation sometimes just feels odd. You have to have higher prices in the future to help with growth, but it means we all have to pay more ...
Read Full Story »
Blue jeans

9 Ways to Save Money on Back-to-School Shopping

Each year's back-to-school shopping season is the second largest holiday season for retailers. This may be well short of the November and December rush, but it is larger than many ...
Read Full Story »
Navistar school bus

13 Serious Ways to Save on Back-to-School Spending and 8 Top Destinations

Each year's back-to-school shopping season acts like a mini-Christmas and mini-holiday season in August for retailers. While it is a fraction of total retail versus the holidays, the wave of ...
Read Full Story »
Money wallet, income copy

Muted Gains Seen in Personal Income & Spending During May

Wednesday's economic report schedule was a bit on the light side, but there are still plenty of economic and international market events driving the cart. The Bureau of Economic Analysis ...
Read Full Story »
lottery balls

As Mega Millions and Powerball Lotteries Hit $612 Million, 12 Things Not To Do If You Win

With the lottery becoming the new American Dream rather than a lifetime of hard work, there is an amazing development taking place in the world of lotteries. Two different lotteries have ...
Read Full Story »
money

Charitable Donations Hit $383 Billion, With $265 Billion From Individuals

Annual charitable giving reached another annual record last year, and the bulk of the donations continued to be from individual donors. Of the $383.25 billion given, $264.58 billion came from individuals, ...
Read Full Story »
European currency

How Swiss Voters Saved Their Economy by Overwhelmingly Rejecting a Universal Basic Income

Switzerland has overwhelmingly rejected a national referendum on a universal basic income (UBI). The proposal was for a monthly stipend of $2,550 for every adult regardless of income or state ...
Read Full Story »
Money close-up

Personal Spending Outpaced Income Gains in April

Personal income and consumer spending posted gains for the month of April. Personal income rose by 0.4% in April, meeting the consensus expectations from both Bloomberg and Dow Jones. Where ...
Read Full Story »
buy now key

Amazon Tries to Lure Father’s Day Shoppers With Low-Price Deals

It may be a case of loss leaders used as means to lure customers. Or they goods that are cheap to buy in bulk and therefore can be marked up sharply. ...
Read Full Story »
Tiki

$1 Is Worth 86 Cents in Hawaii, Less Than Any Other State

The cost of a home, food, transportation, fuel and clothing. The total of these state to state, particularly when income is taken into account, vary widely, making $1 stretch much ...
Read Full Story »
Mother and Daughter

7 Unexpected Places to Find Great Mother’s Day Gifts

More than 15% of Americans over the age of 18 surveyed by the National Retail Federation (NRF) say that they don't celebrate Mother's Day. Or at least they don't celebrate ...
Read Full Story »
denim work shirt

US Worker Pay Growing Faster Than Inflation, but Still Slow

In its report on personal income and spending for March, the U.S. Bureau of Economic Analysis data show that personal income in current dollars grew by 0.4% month-over-month, and personal ...
Read Full Story »
Cash register

Consumers Are Cautious Despite Income Growth

Earlier this week, the Federal Reserve kept interest rates unchanged and downgraded its assessment of domestic growth from “moderate” to “slowed.” Looking at the U.S. dollar, it still remains under pressure, ...
Read Full Story »
Welder

59% of Americans Think Economy Is Getting Worse

Despite low unemployment, low gasoline prices and strong markers like car sales, a malaise continues dog impressions about the health of the U.S. economy. Some of this is based in ...
Read Full Story »
Wallet full of money

Personal Income and Spending Ticked Higher in February

Personal income and consumer spending both posted gains in February. Monday's report from the Bureau of Economic Analysis showed a gain of 0.2% in income and a gain of 0.1% ...
Read Full Story »