Robust income and spending gains continue to underscore a strong economy that is benefiting not only from real income gains but also from rising equity and home prices. … READ MORE >
U.S. personal income and spending
Morning market minute: How tariffs fall harder on lower-income households
Tariffs, or import taxes, are inherently regressive, as lower-income households spend a greater proportion of their earnings on day-to-day expenses. … READ MORE >
Inflation proving stubborn as major policy changes await
given the looming fiscal and trade policy changes, it is growing more likely that the central bank will pause its rate-cutting campaign to ascertain their impact on the economy. … READ MORE >
American consumers continue to spend despite sticky inflation
Spending remained strong in March on the heels of robust income growth despite sticky inflation, according to Commerce Department released on Friday. … READ MORE >
U.S. spending and inflation improve above expectations
Spending rose by 0.8% on the month, compared with the forecast of 0.5%, while the personal consumption expenditures index—an inflation measure closely watched by the Federal Reserve—came in at 0.3%. … READ MORE >
U.S. income and spending see strong gains as year nears an end
November had a 0.4% increase in nominal income and spending, while inflation-adjusted spending advanced at a 0.3% pace, according to Commerce Department data released on Friday. … READ MORE >