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Keyword: consumer spending

38 results found
US money and graph

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

collage of people

At current rates, population would double in 25 years

dollars and credit cards

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

Hands up

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

  • By: Staff
  • September 19, 2023 September 19, 2023
  • 13:54
Retail sales

Fifth straight monthly gain reflects resilient economy despite tough economic environment

Credit card

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

  • By: Staff
  • August 30, 2023 August 30, 2023
  • 15:38
Retail sales

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

Retail sales

Consumer spending “continued to sputter” as economic growth weakened

Piggy bank and calculator

HELOC balances decline, cooling credit card and mortgage growth

Retail sales

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