Data Says Consumer Spending Pulled Back, Which Is Bad Economic News
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
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Utilities took a bigger bite out of consumer spending in January
Cold weather and higher natural gas prices raised household costs, particularly stressing the budgets of lower-income ...
US Consumers Cut Spending In January More Drastically Than At Any Point In The Last Four Years
The drop may raise alarms about whether Americans are growing more cautious amid widespread uncertainty about the economic ...
US consumer spending posts first drop in almost two years
U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record ...
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
Photo: U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, ...
Dollar slips after U.S. inflation, consumer spending data
The U.S. dollar edged lower on Friday following two straight days of gains, after a reading on inflation was largely as ...
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
Consumers Pull Back on Spending—But There’s a Silver Lining
Inflation-adjusted US consumer spending fell 0.5% in January, marking the biggest monthly decline in almost four years after ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Inflation is easing, but another alarm bell is ringing about the US economy
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
Consumer spending posts first drop in 22 months, but it's probably not a bad omen for the economy
Americans kicked their spending habit in January, at least briefly, after splurging during the holiday shopping season. Consumer spending fell 0.2% last month, the government said Friday, to mark the ...