consumer spending

consumer spending Articles

This renowned economist and former Treasury Secretary has thoughts about the prospects for the U.S. economy now.
No other period of the year matches the holiday season as a barometer of economic health.
Online spending this holiday season is on track to rise by more than 30% year over year and reach a total of around $190 billion.
The widespread economic reports have shown mixed signals about the recovery, but a fresh look at retail sales came in much stronger than expected.
Black Friday, the traditional start of the annual holiday shopping season, still creates excitement among a large share of shoppers. But nearly as many expect to do most of their Black Friday...
Tuesday's economic calendar included reports from the U.S. Department of Commerce on the trade balance and from the Institute of Supply Management on the non-manufacturing purchasing managers report.
The pandemic has hurt all financial companies, but BofA Securities is now much more worried than it has been about prospects for American Express in the months ahead.
24/7 Wall St. has tracked Friday's reports, and there seems to be a slight divergence of what the consumer sentiment report looks like against actual consumer spending patterns.
There may still be no clear reasons for brick-and-mortar retailers to start a massive celebration yet, but those endless growth rates in online spending have started to come down.
Big-box retailer At Home Group saw a 33% gain in its shares after earnings. Is this sustainable? Two analysts think they have more room to rise.
Anyone who has walked by or driven past strip malls knows that many of the businesses there are closed down during the COVID-19 pandemic. What may not be as obvious is just how many of those...
Customer loyalty is the holy grail for automakers. Building that loyalty costs money and takes time. New research from J.D. Power shows which automakers have the most loyal customers.
Despite a massive recovery in the stock market and trillions of dollars of stimulus, the U.S. economy is firmly in a recession. Friday’s round of economic numbers seemed to reflect this.
Government statistics often look haywire or get out of whack, but there are certain moments when batched economic reports almost look like mass schizophrenia has arrived.
The instant recession from COVID-19 has put countless millions of Americans in a bad position so fast that they just did not have time to prepare for the recession, being locked down at home and...