The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, ...

ROBUST HOUSEHOLD consumption is seen to prop up the economy this year, Fitch Solutions’ unit BMI said, but warned that inflationary pressures and other risks could dampen this outlook. “We hold a ...

The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...

The year-end splurge drove a 4.2% advance in consumer spending in the fourth quarter — the biggest gain in almost two years.

What's the disconnect between consumers saying they are worried about the economy but holiday spending was at record highs?

The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed yesterday, ...

Slowing consumer spending is more than just a symptom of economic strain; it is an indicator of underlying weaknesses that can lead to a recession. In an economy where consumption drives the ...

The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department ...

The US economy grew 2.5% over the past year, according to new Commerce Department figures released Thursday, comparing the fourth quarter in 2024 with the one from a year earlier. A resilient labor ...

The holiday shopping season was a gift of sorts to the economy: Consumer spending surged in December to cap off another strong year of growth and position the U.S. to expand briskly again in early ...