The top-down macro evidence seems clear: Americans are mostly paying for the tariffs, George Saravelos, global head of FX research at Deutsche Bank.
July 22, 2025consumer spending News Updates
Longer Amazon Prime Day Sparks More Browsing, Fewer Buys
Momentum Commerce, which manages online sales for 50 brands in a variety of product categories and price points, said its Amazon sales plunged 41% year over year on July 8.
July 9, 2025Tariff Fears Drive Surge in Consumer Spending
Trumps tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.
April 8, 2025US Inflation Remained Elevated in February
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt.
March 28, 2025Consumer Spending Falls as Inflation Indicator Rises
The Federal Reserves preferred measure of underlying inflation rose at a mild pace in January, while consumers pulled back on spending.
February 28, 2025Consumer Spending Powers Q3 US GDP Growth to 2.8%
Gross domestic product increased at a 2.8% annualized pace in the third quarter, the second estimate of the figures from the Bureau of Economic Analysis showed Nov. 27.
November 27, 2024Retail Sales Rise 0.3% in November as Holiday Rush Begins
Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices.
December 14, 2023Inflation Falls to 3% in June, Lowest in Two Years
After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years 3% in June compared with 12 months earlier.
July 12, 2023Car Prices Are Starting to Ease to Pre-Pandemic Levels
The U.S. new car market is returning to pre-pandemic norms as supply chain issues resolve, forcing carmakers to ramp up deals to sustain sales growth.
June 30, 2023Retail Sales Rise 0.4% in April
NEW YORK Americans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things.
May 16, 2023Trending
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