US Consumer Spending Continues to Strengthen in August As the backbone of the American economy, consumer spending has once again shown its resilience and vitality in the month of August. Accounting for more than two-thirds of economic activity, consumer spending saw a solid increase of 0.6 percent, indicating a positive trend in the financial behavior […]
US Consumer Spending Falls in January; Monthly Inflation Rises
US Consumer Spending Falls in January; Monthly Inflation Rises The latest economic indicators in the United States have painted a mixed picture, with consumer spending taking a hit in January while monthly inflation showed a concerning uptick. These trends could have significant implications for the Federal Reserve’s monetary policy decisions in the coming months. Consumer […]