Indeed, the share of consumer spending devoted to services has at last caught up with its pre-pandemic trend (see chart 1).

Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.

Consumer confidence is sliding, and fast. According to a latest report on the Economic Index, confidence dropped 27% between ...

The consumer serves as a central pillar of the U.S. economy, representing about two-thirds of GDP, both in total and as a ...

Slowing inflation will help the Fed in deciding whether to lower interest rates, something that President Donald Trump ...

S&P Global’s current estimates show earnings are growing far above the long-term exponential growth trend from 1936. Click to ...

U.S. consumer spending saw marginal growth in April as households increased savings amidst economic uncertainty stemming from ...

U.S. inflation slowed in April with core prices increasing at a moderate pace, despite looming tariff concerns. President ...

Consumers today are more conscious of their choices and prioritize quality products and services at reasonable prices.