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Consumer spending

Americans are saving little — while they spend up a storm

by Samantha Fields
Dec 1, 2022
The personal saving rate declined in October to its lowest point since 2005. "A lot of people are close to the edge, unfortunately," an analyst says.
Consumers are increasingly dipping into their savings to pay for things — including basic expenses.
Jessica McGowan/Getty Images
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Consumers are worried about the economy. They're also spending up a storm.

by Mitchell Hartman
Nov 30, 2022
They don't like the inflation rate, but they do like the current job market.
The strong job market is keeping consumers’ wallets open, despite high prices and concerns about a possible upcoming recession.
Kena Betancur/Getty Images
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When "buy now, pay later" becomes a way to pay for groceries

by Stephanie Hughes
Nov 28, 2022
Many buy now, pay later services began as a way to help people make big-ticket purchases. Now, it's also a way to finance essentials.
Elijah Nouvelage/AFP via Getty Images
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Black Friday riddle: Consumers are financially stressed, but still spending

by Mitchell Hartman
Nov 25, 2022
Their debt levels are rising as the holiday shopping season ramps up. It helps that unemployment is low.
Black Friday shoppers take a moment to rest in massage chairs at the Opry Mills mall in Nashville, Tennessee.
Seth Herald/AFP via Getty Images
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Next week's economic data will tell us a lot

by Savannah Maher
Nov 25, 2022
Reports on inflation, consumer confidence and jobs will be consequential. We asked economists to point out the most important items.
"If consumers were truly, truly worried," says economist Jennifer Lee, discretionary spending on things like restaurant lunches "would be one of the first areas they would cut back on."
Spencer Platt/Getty Images
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Economic Pulse

Economic malaise tightens some consumers' pocketbooks

by David Brancaccio and Jarrett Dang
Nov 22, 2022
People feeling the effects of a slowing economy may consider cutting spending, says Washington Post columnist Michelle Singletary.
Consumers experiencing economic difficulties may cut back on expenses like dining out, says Washington Post personal finance columnist Michelle Singletary.
Jeenah Moon/Getty Images
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Outlook cools for global shipping demand

by Stephanie Hughes
Nov 2, 2022
Softening demand and high inventories are to blame.
Shipping company Maersk expects demand for shipping containers to dip between 2% and 4% this year.
John Thys/AFP via Getty Images
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The latest GDP report shows the economy's growing — and that trouble's ahead

by Mitchell Hartman
Oct 27, 2022
Rising interest rates plus a strong dollar equals stiff economic headwinds.
While Thursday's GDP report is a positive, it looks backward, and the economy is facing powerful headwinds. 
Spencer Platt/Getty Images
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Up, up, and away: Airfare ascends 43% in a year

by Samantha Fields
Oct 13, 2022
A lot of people want to fly, and airlines have fewer seats to sell.
Increased passenger demand and staffing shortages are partially to blame for the surge in air travel costs.
Scott Olson/Getty Images
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Inflation is a subjective number

by Kristin Schwab
Oct 13, 2022
How much pain you feel paying your bills depends on what those bills are, and who you are.
For some consumers, increased spending at the grocery store is driving their inflation anxiety.
Scott Olson/Getty Images
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