Consumer spending remains a critical component of U.S. economic growth, accounting for approximately 70% of the nation’s Growth Domestic Product (GDP). Demographics play a crucial role in spending habits and where consumer funds ...

Sentiment among U.S. consumers fell in January for the first time in six months as concerns surrounding unemployment and proposed tariffs kept hindering consumers. Data from the University of Michigan’s Sentient Index also ...

Bird flu and bad weather have contributed to the already elevated prices of food across the country. The cost of groceries in the U.S. increased 1.8% in 2024, the fastest pace in over ...

In order to address the difficulty and annoyance of canceling unwanted subscriptions and memberships, the Federal Trade Commission (FTC) adopted new rules to protect consumers and facilitate the cancellation process. The FTC plans ...

Jobs and income weigh heavily on consumer confidence, as the ability to pay essential expenses have become more burdensome for millions of Americans. Consistent inflationary pressures continue to drain consumers while leaving less ...

Consumer sentiment and spending have remained fairly consistent in recent months, as noted by the Personal Consumption Expenditures Price Index (PCE). Despite a dip in the summer of 2022, current consumer sentiment is ...

Consumer loan balances are increasing due to a combination of factors, including rising interest rates, inflation, and changes in consumer behavior. As the Federal Reserve has raised interest rates to combat inflation, higher ...

Even as inflation and higher rates have been an ongoing hinderance, consumers remain resilient and continue to spend. The reasoning behind the confidence and tenacity of consumers is believed to be what is ...

Outstanding loans among consumers have been falling since October 2022, reflecting a drop from auto loans to credit card balances. Such data can be viewed differently, either as a positive or negative result ...

A recent survey conducted by the Federal Reserve, called the Survey of Consumer Finances has identified that 58% of U.S. households own stocks, up from 53% in 2019. The findings released in the ...