Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spending also dipped, with personal consumption ...
Consumers continued to ramp up their spending as the holiday shopping season kicked into high gear in November, but inflation continued to bite, new data showed Thursday.
Consumer income growth should help the U.S. economy to avoid recession, J.P. Morgan said in its midyear economic outlook. "Our 2025 year-ahead outlook built off two propositions: momentum in the ...
BOSTON, Nov. 20, 2025 /PRNewswire/ -- Prospects for the US consumer are darkening as mounting signs of financial and economic stress for lower-income Americans intensify risks of a downturn ahead for ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Wealthier Americans are feeling upbeat as their investment portfolios help to make them feel better off, despite the ongoing concerns about the economy. The financial sentiment of consumers earning at ...
Confidence among consumers fell this month as worries about slowing income gains and the cooling job market clouded their current and future outlook on the economy, The Conference Board said Tuesday.
Investors have been holding their breath over the state of the consumer, but Goldman Sachs says the middle-income consumer is doing fine and can be relied on for growth next year. “We expect that ...
Outside catalysts should bode well for these stocks.
McDonald’s has spoken at length over the past couple of years about the “bifurcated consumer base” in QSR. Essentially, it’s witnessed trends pull in reverse directions based on income. In Q3, for ...
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