Consumers are saving more and spending less as Trump’s tariffs loom
Tariffs are looming, inflation is still sticky and US consumers are bracing themselves for the impact. That’s according to data released Friday from the Commerce Department: Americans socked away ...
Consumer spending ticks up — but so does inflation — amid Trump tariffs jitters
The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in ...
Consumer spending lit a fire under the U.S. economy. Now it’s flickering as inflation reignites.
Inflation is headed in the wrong direction and Americans have grown more cautious about how much they spend — not a good omen ...
US consumers remained cautious about spending last month as inflation ticked higher
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
US consumer spending slows as rising prices spark stagflation fears
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
Trump's sweeping tariffs could mean a US recession, much higher inflation: Economists
The most far-reaching version of Trump’s strategy would raise the effective, or average, tariff on U.S. imports to about 20%, ...
CFO Dive3d
Consumer spending during Q1 shrinks for first time since pandemic
Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods ...
Inflation and Shifting Consumer Trends Reshape U.S. Office Supplies Market in 2024
“With persistent inflation impacting consumer spending on retail goods, the outlook for 2025 remains challenged, but ...
The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow
High inflation and high interest rates have contributed to vulnerabilities among consumers, making them all the more ...
Personal Spending and Fed’s Favored Core Inflation Gauge Both Rose Last Month
U.S. personal income and consumption both rose in February, the Commerce Department said Friday. But the Fed's preferred ...
Orange County Register7d
US consumers remained cautious about spending last month as inflation ticked higher
Inflation remains above the Federal Reserve’s 2% target, making it difficult for the central bank to cut its key interest rate anytime soon. The report also showed that consumer spending ...