If consumer spending forms the foundation of the American economy, tariffs could represent an earthquake. That’s according to a report Saturday (April 12) by the...
You’d have to go back to the last few seismic shocks to the U.S. economy — the pandemic and the Great Recession — to find...
The push and pull of various pressures — inflation, tariffs and worries about the general state of affairs — has shown up in several economic...
American consumers are growing more cautious about spending, according to an executive at card issuer Synchrony. In an interview with Reuters published Tuesday (March 25), Synchrony EVP and...
Want additional evidence of the American consumer’s declining confidence? Check out retail foot traffic. Visits to U.S. stores dropped by 4.3% in early March, the...
For many American consumers, rising prices have rendered cherished convenience store snacks off-limits. And as the Wall Street Journal (WSJ) reported Thursday (March 13), this shift is...
The White House’s tariff efforts continue to sow worry on both Wall Street and Main Street. As Reuters reported Tuesday (March 11), President Donald Trump’s shifting trade...
The word “uncertainty” appears in the Federal Reserve’s latest Beige Book 34 times. The report, which comes out eight times a year and offers qualitative...
Concerns that tariffs will lead to higher prices drove a 9.8% decline in consumer sentiment in February, according to the University of Michigan’s Surveys of...