The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a ...
Gains were ​driven by households earning $100,000​ or more, while retailers and brands ​experienced a pullback by ...
Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...
Consumer spending rose fast enough in November to suggest a pretty good start to the holiday shopping season, but not enough ...
Excluding car sales, consumer holiday spending rose 3.8% year over year, according to Mastercard SpendingPulse, higher than ...
New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and ...
New orders for key U.S.-manufactured capital goods surged in November amid strong demand for machinery, offering more signs ...
Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research.
Some people expected a downturn in 2022 -- and again in 2023 and 2024 -- due to the Federal Reserve's hawkish interest-rate ...
The U.S. economy grew at an annualized rate of 3.1 percent two, driven by a surge in consumer spending and exports, according ...
Pet ownership has skyrocketed in the last three decades. Here's why we are willing to spend so much of our paycheck on them.
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 ...