The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ...
Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.
Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...
The headlines about new stock market highs are hiding the fundamental erosion in many consumer areas. While employment looks fine and inflation seems stable, consumers are making budget shifts to ...
The slowdown in job creation since January suggests the economy is not running as hot as growth estimates imply. Prior to the U.S. government shutdown, the divergence between resilient growth and a ...
With the federal government now reopened after a six-week shutdown, we’re witnessing some remarkably positive economic developments. The annual inflation rate has dropped to 2.7 percent, while the ...
Based on this week’s jobs report, growth in average hourly earnings slowed to 3.5%, while price inflation is heating up. In November, average hourly earnings rose 3.5% year over year. That’s down from ...
Spanish inflation eases German inflation unexpectedly jumps French, Italian data unchanged German labour market bottoming out Consumer expectations little changed FRANKFURT, Nov 28 (Reuters) - Euro ...