At his kitchen table in San Antonio, beneath a wall of Boca Juniors memorabilia and a framed Lionel Messi Barcelona jersey, Hector Pineda traced a […]
Tag: consumer spending
Americans Aren’t Canceling Their Summer Vacations. They’re Just Getting Craftier About It.
Robert Niles took to his website in early March to ask a question in a forum: “Anyone reconsidering travel plans?” As the editor in chief […]
Retail Sales Plunge in January, as Consumers Continue Trend of Spending Less
U.S. retail sales fell in January, as significant winter snowstorms kept consumers at home. Retail sales dropped 0.2%, according to a Census Bureau report released […]
Inflation Was Already Rising. Then Iran Happened.
January showed inflation still climbing. Now, economists say the damage done by the conflict in Iran may be hard to overstate. By Yulia Almazova Inflation […]
Inflation Cools to 2.4%, Signaling Relief for Fed Despite Data Delays
Inflation eased in January to its slowest pace in nearly a year, offering a fresh sign that price pressures are retreating after a temporary stall […]
American Income Rose In December. Americans Are Not Feeling It.
A new PCE report shows the U.S. economy leaving the average household worse off despite its overall resilience thanks to affluent earners. By Yulia Almazova […]
What Powered the Scroll Might Not Survive the Tariffs
Priscilla Marie Lopez never set out to sell online. She built her TikTok following by posting cooking videos of recipes and cooking on a budget […]
Five Things To Watch in the April Retail Sales Report
The April retail sales report will offer new insight into whether consumers are still powering the economy or beginning to pull back. The data arrives […]
Retail Sales Rise in February, But Less Than Expected
Retail sales rose slightly in January but well short of expectations in a sign that consumers are cutting back spending amid economic uncertainty. Retail sales […]
Hearts Break for Valentine’s Day as U.S. Retail Sales Decline for the First Time in Four Months
U.S. retail sales declined for the first time in four months, as consumers spent less than expected due to the end of the holiday season […]