Credit card debt set to hit record levels as consumer holiday spending rises
The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a ...
Holiday Sales Reveal a Split in Consumer Spending
Gains were ​driven by households earning $100,000​ or more, while retailers and brands ​experienced a pullback by ...
US consumer spending rises in November; monthly inflation subsides
Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...
Consumer spending — the main engine of the economy — is humming during holiday season
Consumer spending rose fast enough in November to suggest a pretty good start to the holiday shopping season, but not enough ...
Upbeat Holiday Spending Reflected Consumer Strength, Mastercard Says
Excluding car sales, consumer holiday spending rose 3.8% year over year, according to Mastercard SpendingPulse, higher than ...
Holiday shoppers increased spending by 3.8% despite higher prices
Holiday sales from the beginning of November through Christmas Eve climbed 3.8%, outpacing the 3.1% increase from a year ...
US core capital goods orders rebound; consumer confidence deteriorates amid tariff worries
New orders for key U.S.-manufactured capital goods surged in November amid strong demand for machinery, offering more signs ...
Bloomberg Intelligence: Year-End Consumer Spending
Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research.
US Economy Grows 3.1% in Q3 Thanks to Consumer Spending Boom
The U.S. economy grew at an annualized rate of 3.1 percent two, driven by a surge in consumer spending and exports, according ...
App downloads decline 2.3% in 2024, but consumer spending grows to $127B
The global app economy continued to recover in 2024, after an earlier slowdown in 2022 — at least in terms of consumer spending. In 2024, global consumer ...
Pet ownership is up. So is consumer spending on dogs, cats for the holidays.
Pet ownership has skyrocketed in the last three decades. Here's why we are willing to spend so much of our paycheck on them.
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Consumer spending - the main engine of the economy - is humming during holiday season
Consumer spending rose fast enough in November to suggest a pretty good start to the holiday shopping season, but not enough to signal an acceleration in U.S. economic growth. Household spending ...