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Indeed, the share of consumer spending devoted to services has at last caught up with its pre-pandemic trend (see chart 1).
Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
The markets have experienced a week filled with cautious observation and data releases that could shape economic decisions in ...
Consumer confidence is sliding, and fast. According to a latest report on the Economic Index, confidence dropped 27% between ...
U.S. inflation saw a slight increase in May, with consumer prices rising 2.4% year-over-year, driven by higher food costs.
Economic worries are reshaping consumer spending patterns, with loyalty programs and savings taking center stage. Gen Z is adapting more aggressively than Gen X, yet shows gaps in economic literacy.
The consumer serves as a central pillar of the U.S. economy, representing about two-thirds of GDP, both in total and as a ...
S&P Global’s current estimates show earnings are growing far above the long-term exponential growth trend from 1936. Click to ...
Consumer concerns about the economy and geopolitical situation are sparking changes in bookings, according to a new survey of ...
U.S. consumer spending saw marginal growth in April as households increased savings amidst economic uncertainty stemming from ...
Slowing inflation will help the Fed in deciding whether to lower interest rates, something that President Donald Trump ...
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Engaging the independent consumer
Consumers today are more conscious of their choices and prioritize quality products and services at reasonable prices.