Inflation is slowing — but not enough to cheer consumers, who expect inflation to last a long time. And the latest measures from the government...
Personal spending fell 0.2% in December in the second month of declines. The Bureau of Economic Analysis (BEA) reported Friday (Jan. 27) that the December...
Consumers’ incomes and expenditures increased by about the same rate in October. The Bureau of Economic Analysis (BEA) reported Thursday (Dec. 1) that personal income increased by 0.7%, disposable...
Inflation is continuing to weigh on consumers as higher prices inched September spending up by 0.6 percent and household incomes dropped 1% as stimulus funds...
The Gross Domestic Product (GDP) in the U.S. is up 6.4 percent for the first quarter of 2021, according to the third estimate released by...
Consumer spending went up 0.5 percent in April to $80.3 billion, with a $112.6 billion boost in the services sector that helped offset a $32.3...
U.S. personal income in the month of December rose more than anticipated, according to the latest report from the Bureau of Economic Analysis (BEA) on...
Gross domestic product (GDP) went up 4 percent in the fourth quarter of 2020, slightly below economists’ forecasts of 4.3 percent, according to a report...
Personal income and disposable personal income both fell about 1 percent in November, the U.S. Bureau of Economic Analysis reported on Wednesday (Dec. 23). In...