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Data from the Bain & Company/Dynata Consumer Health Index for July highlights a significant six-point jump in the ...
The consumer is important to track for because about 70% of the US economy is driven by consumer spending, which relies heavily on the daily spending habits of more than 300 million Americans.
Americans are still shelling out cash for discretionary spending, despite concerns of a weakening consumer. Total card spending is likely up 4.5% year-per-year over the past 3 months, Bank of ...
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US consumer spending index reports growth in May - MSNIn May, the US Consumer Spending Index experienced a slight increase, raising questions about future inflation trends. Economists are closely monitoring the impact of tariffs on prices, as the ...
However, the figures aren’t adjusted for inflation, and some goods already began to get more expensive because of tariffs last month. After factoring in June’s 0.3% increase in consumer prices, retail ...
The US consumer has been hanging strong so far this year, with spending still rising and on track to drive third-quarter GDP growth of up to 3.5%, according to a Thursday note from ING Economics.
The consumer appetite that kept the US economy afloat through the worst of the pandemic and beyond remains hearty — it’s just craving something new. CNN values your feedback 1.
Breaking Down Retail Earnings and Consumer Spending Trends February 24, 2023 — 02:43 pm EST. ... With the bulk of the 2022 Q4 reporting cycle now behind us, ...
Although it seems more like a year, the COVID-19 pandemic officially ended only six months ago, making this holiday season the first big test of the new-normal retail economy and giving us a ...
By James Knightley. Softer spending growth highlights intensifying consumer pressures. US retail sales for May are disappointing, rising 0.1% month-on-month versus the 0.3% consensus, while April ...
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