consumer spending

Economic Indicators

Higher gas prices lift inflation gauge but underlying price pressures remain mild

Latest report raises speculation that the Fed will leave interest rates unchanged at its next meeting

By Christopher Rugaber, The Associated Press |September 29, 2023

4 min read

Economic Indicators

Record population growth persists: StatsCan

At current rates, population would double in 25 years

By James Langton |September 27, 2023

1 min read

Economic Indicators

U.S. consumer spending to cool sharply: Fitch

Households to curtail spending amid softer labour markets, easing wage growth

By James Langton |September 27, 2023

2 min read

Industry

Amid inflation, Canadians cut costs but not big goals: poll

Despite concerns about saving, only 13% of respondents recently consulted an advisor

By Staff |September 19, 2023

1 min read

Economic Indicators

Retail sales rise 0.6% in August largely due to a spike in gas prices

Fifth straight monthly gain reflects resilient economy despite tough economic environment

By Anne D'Innocenzio |September 14, 2023

4 min read

Economic Indicators

Expect soft consumer spending ahead, TD says

Lofty post-pandemic outlays can't last, given higher debt servicing costs

By Staff |August 30, 2023

2 min read

Economic Indicators

U.S. consumer confidence wanes with prices still high and signs of a cooling job market

The downturn in spending showed up in the earnings reports of many high-profile retailers

By Matt Ott, The Associated Press |August 29, 2023

2 min read

Economic Indicators

Retail sales edge up 0.1% in June: StatsCan

Consumer spending “continued to sputter” as economic growth weakened

By The Canadian Press |August 23, 2023

2 min read

Economic Indicators

Household debt growth modest in June

HELOC balances decline, cooling credit card and mortgage growth

By James Langton |August 18, 2023

1 min read

Economic Indicators

Retail sales rose solidly last month in a sign that U.S. consumers are still spending freely

But higher interest rates are weighing on economic activities dependent on credit

By Anne D'innocenzio, The Associated Press |August 15, 2023

3 min read

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