Stories Tagged as
Consumer spending
Will the inflation sweet spot be sweet for consumers?
by
Scott Tong
Aug 30, 2018
Someone at the Federal Reserve is probably smiling right now. Six years ago, the Fed set a “target” rate for inflation, a Goldilocks level of 2 percent. Not too high, as in out-of-control prices and not too low, signaling a weak economy. Today, inflation has finally inched up to that target. So, what does that mean for […]
Higher tariffs on consumer goods resonate at a Texas Walmart
by
Andy Uhler
Aug 2, 2018
On Wednesday, the Trump administration unveiled a proposal for even higher tariffs on many consumer goods imported from China. We went to a shopping center in Austin, Texas, to find out what buyers of those goods thought about the plan. Click the audio player above to hear the full story.
Trump has you to thank for those good GDP numbers
by
Andy Uhler
Jul 27, 2018
This post was updated on July 27 at 7:54 a.m. CT. The Commerce Department has released second-quarter gross domestic product numbers this morning, showing that the U.S. economy grew at an annual rate of 4.1 percent — the fastest pace since 2014. That figure was driven by exporters rushing to get products delivered ahead of […]
What GDP tells us about the economy
Jul 26, 2018
GDP growth for the latest quarter is expected to be robust, but that is due in part to some unique elements of the quarter.
Spike in demand for building materials helped drive overall retail sales in May
by
Reema Khrais
Jun 14, 2018
New numbers out Thursday show that Americans spent a lot of their paychecks on retail last month. U.S. retail sales were strong in May, rising about eight-tenths of a percent from a month earlier. That may sound small, but it’s the biggest one-month jump since last November. Among the merchants that got a lot of […]
Why we're in the mood to spend a little more
by
Adriene Hill
May 31, 2016
Consumers are confident about the economy. For now.
Consumer economy holding up...so far
Feb 12, 2016
Consumer spending and sentiment have not suffered much from recent market turmoil.
For public good, not for profit.
Consumer spending: It's not just for consumers
by
Nova Safo
Feb 10, 2016
It makes up almost 70 percent of GDP, but it's not all shopping trips to the mall.
Gas is below $2 a gallon, so where's the savings going?
Dec 21, 2015
Drivers are saving at the pump, but they're not spending more elsewhere.
Consumer sentiment falls sharply in September
Sep 11, 2015
The University of Michigan report is the first to reflect recent market volatility.