The March retail sales report will show the strength of consumers and their willingness to spend, a key indicator of whether Americans’ shopping habits will continue to fuel the economy.
Tag: economics indicator
March jobs report expected to reflect labor market’s resilience, even if employment cools
Friday’s job report is expected to show slower employment growth for March, but will likely still reflect the resilient labor market reported at the beginning […]
Inflation is still elevated, but consumers are undeterred
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 […]
U.S. home prices rose again in January as inventory remains historically low
U.S. home prices ticked up again in January despite sustained high borrowing costs as the market deals with a historically low number of homes for […]
Shelter and Gas Costs Heat Up February Inflation
Consumer prices in February pointed toward a stubbornly hot economy, with shelter and gasoline costs keeping temperatures rising above the Federal Reserve’s 2% inflation target. […]
Resilient Consumers Push Retail Sales Up 0.6% in February
Americans significantly increased their spending on cars, electronics, and dining out last month, showing resilience even as a clearer picture emerged of how much they […]
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 […]
U.S. home prices continue to rise amid affordability crisis
Home prices rose to a record high in December, showing sustained demand even as higher interest rates make buying a home more expensive. At the […]
January Inflation Exceeds Expectations, Early Rate Cut Prospects Dim
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 […]
Retail Sales Slip 0.8% Amid January Chill
Americans gripped their wallets tighter in January and stayed inside due to frigid weather, but the slump in shopping was largely due to one-off factors. […]