consumer spending
No other period of the year matches the holiday season as a barometer of economic health.
Published:
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.
Published:
The widespread economic reports have shown mixed signals about the recovery, but a fresh look at retail sales came in much stronger than expected.
Published:
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...
Published:
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.
Published:
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.
Published:
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.
Published:
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.
Published:
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.
Published:
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...
Published:
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.
Published:
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.
Published:
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.
Published:
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...
Published:
It is no secret that the economy is in a tailspin due to the impact of the COVID-19 pandemic, but sometimes the economic numbers are shocking when they are released, even when the public is braced...
Published: