Real gross domestic product (GDP) growth slowed in the second quarter, according to an advance estimatereleased Thursday (July 30) by the Commerce Department’s Bureau of...
Higher incomes are offering households some relief, but rising prices continue to claim a substantial share of those gains. Get the Full Story Complete the...
The wallets are open, but the runway is getting shorter. Consumer spending in March continued to outpace income growth, with rising energy costs and everyday...
Household spending is still advancing, but income isn’t keeping up anymore. The latest economic data and PYMNTS Intelligence reporting show households continuing to transact and...
The U.S. economy is advancing on the strength of household spending even as the pace of income growth slips into a lower gear. Get the...
Both incomes and consumer spending increased in June, according to estimates released Thursday (July 31) by the Bureau of Economic Analysis (BEA). Get the Full...
Data on personal income, spending and saving released Friday (June 27) from the Bureau of Economic Analysis painted a portrait of a pinched consumer. Get...
Consumer spending — the engine that drives the U.S. economy — is flagging, helping to reverse what seemed like relentless growth in gross domestic product...