by Mariam Kiparoidze | Apr 28, 2023 | Economy, Personal Income
Photo by Alexander Grey on Unsplash After beginning this year hot, the economy began to slow in February, with U.S. consumers spending less and inflation easing. On Friday, The Bureau of Economic Analysis will release its Personal Income and Outlays report, showing if...
by Mariam Kiparoidze | Apr 1, 2023 | Economy, Inflation, Personal Income
Photo by Nathan Dumlao on Unsplash U.S. consumers are spending less compared to the beginning of the year, while inflation eases, a sign of relief for the monetary policymakers trying to cool off the economy that started the year strong. Consumer spending increased by...
by Mariam Kiparoidze | Mar 1, 2023 | Economy, Personal Income
Photo by Allef Vinicius via Unsplash. Prices are rising and Americans are spending more again, suggesting that the economy is still strong and the Fed might have to raise borrowing costs more to halt the inflation spike. Friday’s report from the Commerce...
by Divya Murthy | Feb 19, 2023 | Consumer Price Index, Economy, Retail Sales
Photo by Heidi Fin on Unsplash U.S. retail sales bounced back at the start of the year, a sign of consumers’ faith in the economy even in the face of inflationary pressures and the low-hum of recession fears: People are shopping. People are going out to eat....
by Brianna Monsanto | Mar 24, 2022 | Retail Sales
Consumers slowed their spending in February as they continue to deal with higher prices. Retail sales grew a mere 0.3% in February, the Commerce Department said Wednesday. Gasoline stations dominated the report with a 5.3% increase in sales. These figures indicate...
