US Consumer Sentiment

Consumer inflation expectations have been rising for the last month or two across several reports. Some surveys point to businesses anticipating higher prices as well

The American economy grew at a solid 2.3 per cent annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its initial estimate of fourth-quarter growth. The outlook for 2025 is cloudier as President Donald Trump pursues trade wars, cutbacks in the federal workforce and mass deportations. The Commerce Department reported Thursday that growth in gross domestic product the nation's output of goods and services decelerated from a 3.1 per cent pace in July-September 2024. For all of last year, the economy grew 2.8 per cent, compared with 2.9 per cent in 2023. Consumer spending advanced at a 4.2 per cent pace from October through December. The report shows that Trump inherited a healthy economy when he took office last month. Growth has now topped a decent 2 per cent for nine of the last 10 quarters. Unemployment is low at 4 per cent, and inflation has come down from the highs it hit in mid-2022. After lowe

It followed on the heels of surveys last week showing steep declines in business and consumer sentiment in February

Households on average saw inflation over the next year at 2.9 per cent, down from 3.0 per cent in September and the lowest estimate for near-term price increases in four years

The Conference Board said on Tuesday that its consumer confidence index rose to 114.8 this month, the highest reading since December 2021

The proposal marks a long-anticipated and ambitious move by CFPB Director Rohit Chopra to assert the agency's full authority over Big Tech

The Consumer Price Index (CPI) rose 0.4% last month after gaining 0.1% in March, the Labor Department said on Wednesday

The consumer price index was up 7.7% from a year earlier, the smallest annual advance since the start of the year and down from 8.2% in September

U.S. consumer sentiment unexpectedly fell in early February amid growing pessimism about the economy among households with annual incomes below $75,000

US consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from a pandemic that has held back recovery and kept roughly 27 million people jobless

The longest government shutdown in the history of the United States has left some 800,000 government workers without a paycheck