And yet, consumer spending is set to reach a fresh high this season. The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to ...
The latest data comes as economists had anticipated a climb from November's consumer confidence of 112.8 to 113.8, thus making the decline a notable shift following months of increasing optimism.
The organization’s consumer confidence index showed an 8.1-point decline to 104.7. Expectations that proposed tariffs on imported goods from the incoming Trump administration will raise prices ...
WASHINGTON, Dec 20 (Reuters) - U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience, which saw the Federal ...
The final December sentiment index increased to 74 from 71.8 last month, according to the University of Michigan. The median estimate in a Bloomberg survey of economists called for a reading of 74 ...
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s resilience, which saw the Federal Reserve this week projecting fewer ...
The U.S. economy grew at an annualized rate of 3.1 percent two, driven by a surge in consumer spending and exports, according to revised data from the Commerce Department released on Thursday.
Anil Rego of Right Horizons expects the consumer discretionary sector to do better in Q3. "The trend of rising disposable income, premiumization, and shift from unorganised to organised is ...
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.5% in the 12 months to November 2024, up from 3.2% in the 12 months to October. On a monthly basis, CPIH rose by 0.2 ...
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