Online retail kept taking consumer dollars in September, extending an annual growth rate that outpaced overall retail even as inflation reduced the purchasing power behind the broader sales increase. Sales at non-store retailers, which include eCommerce firms, rose 0.3% from August and 8.2% from September...
Consumers have kept the economy moving without a boost in confidence about where it is headed. The Federal Reserve’s October Beige Book, released Wednesday (Oct. 14), found economic activity increased in nine of its 12 districts, but consumer spending showed less momentum, depending on where...
September gave consumers lower prices on appliances, furniture and some food categories. It also gave them a 9.1% increase in gasoline prices. The Consumer Price Index rose 0.6% in September on a seasonally adjusted basis and 3.7% from a year earlier. During the third quarter,...
Bank of America’s consumers spent more in the third quarter while moving a larger share of their banking activity onto the company’s digital channels, giving the bank growth in transactions and engagement at the same time that its checking account franchise continued to expand. Combined...
October 08, 2026
Consumers are entering the final months of the year less worried about losing their jobs, more worried about prices and less confident about where their household finances are headed. The Federal Reserve Bank of New York’s September Survey of Consumer Expectations, released Wednesday (Oct. 7), shows median expected household spending growth rose 0.3 percentage point […]
October 01, 2026
Consumers may still feel secure about their jobs, but a thinner savings cushion is changing the financial environment in which they manage their money. This finding comes from the September...
September 16, 2026
Consumers didn’t wait to shell out funds for cars, furniture and electronics in August. Retail sales rose 1.2% from July to $773.9 billion, reversing July’s 0.5% decline, with several categories...
September 11, 2026
Consumer prices accelerated in August, adding to household expenses at a time when many financially constrained consumers have already reduced the discretionary spending they can most easily cut. The Consumer...
October 13, 2026
Grocery giant Albertsons is planning an extensive overhaul as inflation continues to hinder consumer spending. The company released quarterly earnings Tuesday (Oct. 13) showing a sales dip of 0.8%, and said it was pausing its financial guidance as it undertakes a sweeping business review. “Sales and earnings growth have not met our expectations,” Meg Whitman, Albertsons’ recently appointed executive chair, […]
October 13, 2026
Domino’s is meeting a customer need for more personalized product options as it works to boost same-store sales growth, the company’s new CEO, Joe Jordan, said Tuesday (Oct. 13) during...
October 12, 2026
International Monetary Fund Managing Director Kristalina Georgieva said artificial intelligence investment is keeping global growth at around 3%, Reuters reported Monday (Oct. 12). At the same time, the trend portends...
October 08, 2026
New research shows that the cost of many consumer goods would have declined last year if not for U.S. tariffs. The paper from the Federal Reserve Bank of New York says the cost of...
