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The first monthly decline in prices in nearly five years also suggested softening demand amid recession fears and led markets ...
The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
U.S. consumer spending has benefited from strong wage growth and low unemployment so far, but it faces huge risks if the ...
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and ...
American consumers expect prices to rise by 6.7% over the next year, according to a closely watched survey of consumer sentiment from the University of Michigan. The inflation expectation figure is ...
Americans are increasingly anxious about their financial prospects, with a closely watched gauge of consumer confidence slumping to a 12-year low amid growing concerns about tariffs and inflation.
WASHINGTON (AP) — Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed. Friday’s report from the ...
Federal Reserve will hold rates as Trump's tariffs stoke inflation concerns, says Collins Consumer spending, which accounts for more than two-thirds of economic activity, climbed 0.4% after a ...
WASHINGTON (Reuters) - U.S. consumer spending rebounded in February, likely lifted by higher prices, which could amplify fears that the economy was facing a period of tepid growth and high inflation ...
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 ...
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 ...
Shoppers are expected to spend around $23.6 billion this year, compared with $22.4 billion estimated last year, the National ...