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Consumer spending

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A shopper walks past a U.S. flag at Hudson Yards in New York City

Economy Jul 30

Inflation remaining stubbornly high, U.S. economy grows sluggish 1.5% in 2nd quarter

By Paul Wiseman, Associated Press

Economy May 26

FILE PHOTO: People walk through a shopping mall at The Venetian Las Vegas resort, in Las Vegas
Even as stock market hits highs, most Americans are cutting back on spending, survey shows

U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels.

By Christopher Rugaber, Associated Press

Economy Feb 20

Customers shop for groceries in Walmart Supercenter retail store in North Bergen, New Jersey
U.S. economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback

A downturn in government and consumer spending contributed to the slowdown in fourth-quarter growth, the government said.

By Christopher Rugaber, Matt Ott, Associated Press

Economy Jan 22

Penny shortage in U.S. causing some businesses create new workarounds
Consumer spending pushes U.S. economy up 4.4% in third quarter, fastest in two years

Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade of its first estimate.

By Paul Wiseman, Associated Press

Economy Dec 23

Consumers shop for Labubus and other art toys at Pop Mart's Skullpanda pop-up shop in Manhattan, in New York City
U.S. economy expands at a surprisingly strong 4.3% annual rate last quarter, though inflation remains stubbornly high

Excluding volatile food and energy prices, so-called core inflation was 2.9%, up from 2.6% in the April-June quarter.

By Matt Ott, Associated Press

Dec 01

Consumers urged to do research before giving in to Travel Tuesday deals

By Cora Lewis, Associated Press

On the same day as the nonprofit world’s Giving Tuesday, airlines, hotels, cruise ship companies, travel booking platforms and tour operators get in on the annual spirit to spend by promoting one-day deals.

Continue reading

Dec 01

Despite economic uncertainty, Cyber Monday could break spending records

By Wyatte Grantham-Philips, Associated Press

Deals promoted as some of the best of the holiday season are expected to keep people across the United States glued to their computers and smartphones on Cyber Monday.

Continue reading

Apr 04

How Trump's latest tariffs could affect your personal spending

By Wyatte Grantham-Philips, Cora Lewis, Associated Press

Economists say consumers foot the bill from these kind of trade actions and stress the far-reaching impacts that U.S. President Donald Trump's latest tariffs will have on goods sourced from around the world.

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Mar 28

U.S. inflation gauge remained high in February but consumer spending recovered after steep fall

By Christopher S. Rugaber, Associated Press

An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt…

Continue reading

Mar 17

U.S. shoppers mildly increased spending in February as anxiety over the economy rises

By Christopher Rugaber, Anne D'Innocenzio, Associated Press

US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount.

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Full Episode
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