The latest news and updates about Consumer spending from trusted sources around the world.
The U.S. personal savings rate climbed to 4.8% in May, according to new data from the Bureau of Economic Analysis, as households appeared to pull back spending amid slower inflation and steady job…
The U.S. economy grew at an annualized pace of 3% in the first quarter, according to the latest Reuters report, exceeding economists’ expectations. The reading points to continued resilience in…
The US economy expanded at a 2.8% annualized pace in the second quarter, according to the Commerce Department, outperforming market expectations. The latest reading points to continued resilience…
