Home prices could start dropping this summer, marking the ‘first domino to fall’ on the way to a weaker economy, strategist saysBy Press Room3 June 2024 More homes on languishing on the market without any buyers, setting up prices to start falling as soon as this…
Economic optimism belongs to the wealthy and, for some mysterious reason, the young, new data showsBy Press Room30 May 2024 For the first time in three months, consumer confidence in the economy rose, according to the Conference Board’s monthly report.…
Consumers are so demoralized by inflation and high rates that they’ve given up on saving for the American Dream and are spending money instead, economist saysBy Press Room19 May 2024 An economist offered an explanation for a paradox that has emerged in recent data showing that spending has remained robust…
Inflation and unemployment fears send consumer sentiment tumbling to a 6-month low, adding to red flags from Starbucks, McDonald’sBy Press Room10 May 2024 U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest…