U.S. consumer spending surged to its highest level in three years during February, but the gains mask a deeper divide between wealthy and lower-income Americans, according to new data from the Bank of ...

Retail sales are growing about 4%, that's in line with the pre-COVID trend line. Services spending, which is spending on ...

Retail sales in the US were unexpectedly flat during the December holidays, suggesting a pullback among consumers and raising questions about a broader economic slowdown. The report, released on ...

One of the main pillars propping up the US economy — consumer spending — may be starting to crack.

People shop at a Costco store in the Staten Island borough of New York City, U.S., January 16, 2026. REUTERS/Brendan McDermid WASHINGTON, Jan 22 (Reuters) - U.S. consumer spending increased solidly in ...

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 ...

Data also showed the Fed’s preferred measure of underlying inflation in December rose the most in nearly a year. Core PCE rose 3 per cent on an annual basis.

America’s consumer economy is pulling in opposite directions, a gulf increasingly apparent in C-suite commentary, with premium brands profiting from well-off customers while value-focused firms battle ...

WASHINGTON — US consumer spending rose slightly less than expected in July and annual inflation advanced at its slowest pace in more than 1-1/2 years, diminishing expectations of an interest rate ...