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 […]
Personal Income
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 […]
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 […]
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 […]
U.S. Consumer Spending Is Off To A Soft Start, Personal Income Bounces Back Slightly
Personal spending saw a slight uptick in January, while personal income growth rebounded moderately, showing signs of a cooling economy. The report released by the […]
Hispanic Economic Progress: Surging Faster but Still Behind
When President Trump visited Florida last month, he highlighted one achievement in particular: the economic progress made by Hispanics, a group that has strongly opposed […]
Are Trump’s tax cuts making a difference? Depends who you ask.
Jonell Marty, a fifth-grade teacher in the Minneapolis suburb of Apple Valley, received $60 more in her paycheck on February 5, her first to incorporate […]
Real Disposable Income Rises Sharply, Driven by One-Time Bonuses
Personal income increased in January, as employer optimism surrounding the recent tax bill made its way to consumers’ wallets. The 0.4% increase in January released […]
Five Things to Watch For in the March Personal Income and Outlays Report
The first 100 days: The time-honored test of whether or not a new president has the ability to advance his agenda in Washington ends on […]
Confidence Soars Amid Modest Consumption
Consumer confidence may be soaring but consumer spending has barely moved since last month. The Bureau of Economic Analysis released its latest report on March […]