There is an idea so contagious in economic circles right now that it might as well represent all that is awry about the U.S.
With the U.S. government shutdown stretching into its 17th day and official economic data releases on hold, new figures from Morning Consult showed positive Y/Y consumer spending growth for the eighth ...
Economists expect holiday sales to be strong this year, despite a drop in consumer confidence due to concerns about jobs, tariffs and inflation.
Consumer companies rose after surprisingly strong spending growth. Consumer spending rose 0.6% in August, exceeding economists' expectations. The PCE index, the Federal Reserve's preferred inflation ...
Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has ...
Warnings of a bifurcated US economy are emerging from Wall Street to corporate America as younger and lower-income consumers ...
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