This year, Mother's Day falls on May 11. In 1914, Congress passed a law designating the second Sunday in May as Mother's Day. Despite concerns about the economy, consumer spending for Mother's Day ...

U.S. consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the ...

US consumer spending declined in May by the most since the start of the year, indicating elevated uncertainty around the ...

Consumer spending fell 0.2 percent in December, and spending for November, which the government initially reported as a modest increase, was revised to show a small decline. Incomes continued to ...

The COVID effect on consumer spending U.S. consumers have spent more on services than goods since the 1970s, and services' share of the pie grew yearly - until COVID-19.

Graphics show who gets more love this year! Valentine's Day spending increases to $26 billion. More ways to play 🧩 Inside criminal minds 🧠 Daily horoscopes 🌙 ⭐️ Live 4th of July sales ...

Consumers moderated on their spending in January, but that was just a blip on a path toward continued increases in expenditures over the course of 2024 and 2025.

And she said that’ll continue to drive consumer spending well into the new year. Related Topics. Tagged as: consumer spending; consumption; inflation; retail sales; News you can use in your inbox.

The bad news is that July spending figures were revised substantially lower. Retail sales rose 0.3% in August from July , adjusted for seasonal swings but not inflation, versus estimates that they ...

The BEA reported on Wednesday that consumer spending grew at an annual rate of 1.8% in the first quarter. That is a slowdown from the surge of 4% logged in the fourth quarter, but not totally.

The U.S. economy grew at an annual rate of 2.8% in the third quarter, led by strong consumer spending. The news comes days before a presidential election in which the economy has been top of mind ...