Inflation remained well over targets in February but consumers just kept spending, the latest signal that the economy is not quick to slow down, despite […]
Consumer
Americans’ Personal Income Rose Significantly in January
Americans’ income rose sharply in January, driven by social security and dividend payments, in the latest sign that American households remain financially healthy. The value […]
Five Things to Watch in the CPI Report for April
The Bureau of Labor Statistics will issue its Consumer Price Index report for April on Wednesday. The measurement, which tracks price movements across a broad […]
Consumer Prices Rise Again to 8.5% as Inflation Hits New 40-Year High
U.S. inflation soared to a 40-year high last month as geopolitical tensions drove up energy prices and supply chain hurdles compounded price pressures driven by […]
Plan to rent a car soon? It’s best to start your search early
An unexpected cross-country trip wasn’t something Jenavy Castro-Hernandez thought she and seven other family members would be doing, but when her uncle’s job sent him […]
5 things to watch ahead of the March personal income release
The Bureau of Economic Analysis will release the personal income report from March on Friday, which is expected to show the most promising sign of […]
For Many Americans, Spending is on Their To-Do List
There is one thing on Amber Colon’s mind in the coming days, her birthday trip to Universal and Disney World in Orlando, Fla. Like most […]
Five Things to Watch in the March Retail Sales Report
The March advance retail sales report will offer a gauge of consumer confidence in the economic reopening as the U.S. gets a hold on the […]
Retail Sales Steeped in February, But Expected to Rebound
“It suggests that consumers are in a generally good shape, we’ve had the fiscal stimulus checks now for those at the lower end of the income spectrum,” Scott Brown, chief economist at Raymond, James and Associates Inc.
Personal Income, Consumer Spending rise significantly with the help of federal aid
Personal income surged in January as Americans received $600 stimulus checks, leading to new optimism about the nation’s recovery from the pandemic. The monthly report […]