The cost of living has risen for leisure and hospitality workers while a hot labor market has spurred salary growth for low-paid workers – but […]
Author: Arvelisse Bonilla Ramos
Five Things to Watch in March’s Personal Income and Outlays Report
The Bureau of Economic Analysis will release tomorrow the latest Personal Income and Outlays report. Economists surveyed by Bloomberg forecast a month-to-month personal income increase […]
U.S. households spent considerably less in February after a spending spree in January
Personal consumption expenditures decreased on a month-to-month basis, while wages in the private sector continue to increase Consumers considerably slowed their spending in February, but […]
Generation Y doesn’t save, and their debt continues to grow
As interest rates continue to increase credit card debt balances will cause strains to people in their 20s and 30s When the pandemic cut Dominique […]
Consumer spending increased, and so did the Fed’s benchmark
The personal consumption expenditures surprisingly rose while consumers increased their spending in January. Consumer spending increased and inflation picked up in January, likely setting the […]