Browsing: Consumer Spending
In the run-up to the internet bubble, the richest 20% of American consumers made up 50% of spending—boosted by the…
The national debt—a barely comprehensible $39 trillion—seems, to hear economists tell it, forever one shock away from bringing the whole…
Shoppers have been hunting for ways to make their dollars count for decades, and now, the longest-running savers have a…
Americans aren’t losing their jobs. The stock market isn’t in freefall. And the official recession call is nowhere in sight.…
When Everlane burst onto the apparel scene in 2010, its “radical transparency” on matters of pricing and sourcing, coupled with…
Consumer sentiment in the U.S. has officially never been worse. The University of Michigan’s final April reading came in at…
The war in Iran has done what once seemed impossible: forced Americans to rethink the idea of driving everywhere. The…
Last year was a record-breaking one for international tourism, injecting trillions of dollars into the global economy and supporting millions…
The conflict in the Middle East has sent gasoline prices in the U.S. soaring to their highest level in four…
Forget the Fed. Forget nonfarm employment. Forget even industrial production and real income. For Jim Paulsen, the real recession indicator…