U.S. consumer spending and inflation rise in April
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YahooReuters Videos
U.S. consumer spending and inflation rise in April
STORY: American consumers spent more than expected in April, boosting the economy's growth prospects for the second quarter.\n\nCommerce Department data released Friday showed an increase in consumer spending of 0.8% last month; that’s twice as much as what economists polled by Reuters had expected.\n\nThe increase comes even as prices ...
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Consumer Spending Trends
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2025 Consumer Trends: Income Groups Diverge Amid Economic Pressure | Brian Kasal posted on the topic | LinkedIn
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Exploring Late 2025 Consumer Spending Surge: Steady Growth Amid Affordability Concerns Bank of America data reveals a 4.5% year-over-year consumer spending rise through early December, with balanced increases across income levels—lower earners accelerating fastest. Low 4.6% unemployment and 3% wage growth align with easing inflation, supporting a projected 2.4% GDP in 2026. Yet, sentiment lags due to lingering price pressures. What factors might influence your spending in the coming year? #Econo
0:39
Exploring Late 2025 Consumer Spending Surge: Steady Growth Amid Affordability Concerns Bank of America data reveals a 4.5% year-over-year consumer spending rise through early December, with balanced increases across income levels—lower earners accelerating fastest. Low 4.6% unemployment and 3% wage growth align with easing inflation, supporting a projected 2.4% GDP in 2026. Yet, sentiment lags due to lingering price pressures. What factors might influence your spending in the coming year? #Econo
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