More Americans are turning to subscriptions to serve a variety of needs, from clothing to meals to cat litter. Subscription e-commerce sales totaled nearly $33.5 billion in 2022, a 15% increase over the previous year, according to Insider Intelligence, which predicted it would keep growing at a similar rate for the next two years. But subscription services, with the exception of meal kits, can have an environmental dark side: overconsumption and excessive returns.
Consumer prices surpassed economists’ expectations in January, winding down investors’ hopes of early rate cuts. The Consumer Price Index (CPI), which gauges the cost of […]
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 […]
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 […]
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 […]
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 […]
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 […]
Personal income and consumer spending both declined in February as a result of brutal winter weather which shutdown much of the nation during the end […]
Consumer prices continued to move upward in February in the latest sign that Americans continue to grapple with surging energy prices. The consumer-price index rose […]
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 […]