Consumer spending rose again in September, likely foreshadowing data showing a robust pace of economic growth in the third ...

Experts fling themselves from one direction to another, but consumers have a steadier sense of what is happening overall.

By Lucia Mutikani WASHINGTON, Dec 5 (Reuters) - U.S. consumer spending increased moderately in September after three straight ...

Gross Domestic Product data for the second quarter came out on Thursday. Economists expected a moderate slowdown in growth, given inflation and interest rates. Instead, the reading shows a robust ...

Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...

Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...

U.S. consumer spending is weakening amid rising debt and job losses, signaling recession risks for 2026. Read what investors ...

Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...

WASHINGTON — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.

The broader U.S. economy still appears to be in pretty good shape thanks to American consumers The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the ...

Tremendous opportunities are here for Western companies” looking into service areas, says prominent business scholar John ...