January spending for Bank of America credit and debit card customers was up 2.6% year over year, the biggest annual increase since February 2024.
WASHINGTON — U.S. consumer spending increased solidly in November and October, likely keeping the economy on track for a third straight quarter of strong growth. Consumer spending, which accounts for ...
Wall Street held US equities near record levels on Tuesday after a softer retail sales report strengthened expectations that ...
Real consumer spending growth is expected to decline to about 1.5% in 2026, though it will remain the backbone of the U.S. economy, according to a Tuesday report from Moody’s Ratings. More cautious ...
Consumers continued to ramp up their spending as the holiday shopping season kicked into high gear in November, but inflation continued to bite, new data showed Thursday. A shutdown-delayed report ...
Q3 2025 US real GDP surged 4.3% SAAR, far exceeding expectations and marking the strongest growth since Q3 2023. Consumer spending drove growth, contributing 2.39 ppts to GDP, with robust gains across ...
WASHINGTON, Dec 5 (Reuters) - U.S. consumer spending increased moderately in September after three straight months of solid gains, suggesting a loss of momentum in the economy at the end of the third ...