Consumer Spending Figures

Major advertising forecasting firms say global advertising growth in 2023 will be slower than previously predicted.  Media owners’ ad revenue will grow 4.8% to $833 billion next year, according to a new…

American consumers are at a crossroads. In large part, they have weathered the economic storm caused by the pandemic, saved lots of money and contributed to the continuing recovery. While wages have…

Executives running some of the world’s biggest retailers, manufacturers and consumer-products makers say they are seeing signs that people are becoming less willing to absorb price increases.Marlboro maker Altria Inc.…

Consumers spent more in March, showing American households are absorbing high inflation and are positioned to propel the economy heading into the spring and summer.Personal-consumption expenditures increased a seasonally adjusted 1.1% in…

Inflation accelerated in March to its fastest pace since 1982, measured by the Federal Reserve’s preferred gauge, as the Ukraine war pushed up energy prices and supply problems and strong U.S. consumer demand…

Consumer spending growth, a key engine of the economy, slowed sharply in February, as the Omicron surge of Covid-19 eased and inflation accelerated amid Russia’s invasion of Ukraine.U.S. households boosted their sending at a seasonally…

Americans kept up retail spending in February but at a slower pace than the prior month, as they faced high inflation and rising gasoline prices related to Russia’s invasion of Ukraine.Retail sales rose a seasonally adjusted 0.3% in…

HONG KONG—China’s economy got off to a racing start this year as factories churned out more goods and consumers dug deeper into their wallets.But while industrial output and retail spending in the first two months both blew past analysts’…

American consumers are kicking off 2022 with some big price increases in everyday purchases. The price of food and utilities surged in January from the previous month, according to the Labor Department. Prices for…

The past few weeks of stock market turmoil don’t mean the economy is about to be derailed, but rather that the recovery is maturing and no longer needs low interest rates, economists and Federal Reserve officials say.While the economy’s…