U.S. consumer spending surged to its highest level in three years during February, but the gains mask a deeper divide between wealthy and lower-income Americans, according to new data from the Bank of ...
Sales were flat in both December and January, though widespread January storms likely hindered spending.
WASHINGTON — U.S. consumer spending increased solidly in November and October, likely keeping the economy on track for a third straight quarter of strong growth. Consumer spending, which accounts for ...
The Barcode Group reports that rising costs and stagnant wages shift consumer focus to exclusive retail and discount shopping, as disposable income struggles to keep pace.
Economic momentum in the United States is no longer moving in one direction — it is fragmenting. The Fed’s latest Beige Book paints a picture of a two-speed economy: five out of twelve Fed Districts ...