US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Happy holidays: Consumer spending surges again and keeps U.S. economy in overdrive
The holiday shopping season was a gift of sorts to the economy: Consumer spending surged in December to cap off another ...
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Marketplace5h
Consumer spending was — once again — key to GDP growth last quarter
Economic growth came in pretty strong for the fourth quarter. GDP rose at an annual rate of 2.3%. And consumer spending rose ...
The good and not so good in consumer spending
Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years. Lots of the ...
Marketplace20h
GDP shows spenders keep spending despite high interest rates
Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Japan set for first household spending increase in five months
Japan is expected to report its first year-on-year increase in household spending in five months, a Reuters poll showed on ...
AFP on MSN19h
Strong consumer spending drives steady US growth as Trump era begins
The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed yesterday, ...
U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Nairametrics9h
Uncovering the spending habits of Africa’s largest consumer market
Understanding consumer behavior is the cornerstone of any successful business strategy. In Nigeria, a country of over 200 million people with a median age of just 18, consumer spending is driven by a ...