Wherever consumer sentiment goes, consumer spending usually goes too. They're like buddies that do everything together. Consumer sentiment wants a hair cut, its buddy consumer spending does too. But ...
Real consumer spending growth is expected to decline to about 1.5% in 2026, though it will remain the backbone of the U.S. economy, according to a Tuesday report from Moody’s Ratings. More cautious ...
U.S. consumer spending, a cornerstone of economic growth, is showing signs of strain. Although economists had forecast an increase in personal spending would rise 0.1% in May, it instead fell 0.1%, ...
A lot has been going on in the spending and consumer sides of the economy lately. Later this week, there will news on how a bunch of mega-retailers are doing, with earnings reports from Home Depot, ...
The outlook for 2026 is more of the same. Although the reasons why are evolving, with three tailwinds supporting a broadening recovery in corporate profitability: Lower interest rates : Helped by ...
Americans may feel worse about the economy, but they are still wielding their credit cards with confidence. An escalating trade war, a prolonged government shutdown and a stagnant job market have ...
S&P Global’s current estimates show earnings are growing far above the long-term exponential growth trend from 1936. With regularity, earnings tend to repeatedly revert to the long-term trend due to ...
A new analysis from the Bank of America Institute found that consumer spending on live sporting events has risen markedly compared to pre-pandemic levels, which has also spurred a rise in spending at ...
ChatGPT has hit a new milestone of $3 billion in worldwide consumer spending on mobile as of this week, according to estimates from app intelligence provider Appfigures. This figure represents the ...