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Revised GDP Data Show Consumer Spending May Be Losing Momentum
PYMNTS.com· 8 hours agoEconomic data frequently comes in stages: There’s the initial estimate, and then a revision. The key...
Revisions to Consumer Goods Spending behind lowered GDP growth
The Forex Market· 9 hours agoRevisions to first quarter GDP took the headline growth rate down to 1.3% from 1.6% previously, with...
U.S. first quarter real GDP revised down to 1.3%
United Press International via Yahoo Finance· 9 hours agoReal U.S. gross national product grew at an annual rate of 1.3% in the first quarter, according to a second estimate Thursday from the Bureau of Economic...
Key Fed Inflation Rate Revised Lower As GDP Growth Slides; S&P 500 Trims Losses
Investor's Business Daily· 10 hours agoMeanwhile, initial jobless claims edged higher. After the data, the S&P 500 pared overnight losses....
First quarter U.S. GDP revised down to 1.3% - Talk Business & Politics
Talk Business & Politics· 7 hours agoThe U.S. first quarter GDP (gross domestic product) was revised down from 1.6% to 1.3% in the “second estimate” posted Thursday (May 30) by the U.S. Bureau of Economic Analysis...
The Rise in Consumers’ Late Debt Payments Is Slowing Down
The Wall Street Journal· 12 hours agoWhen segmented by income tiers, however, the trend was consistent: Low-, middle- and high-income ...
Not-so-happy meal: As fast food prices surge, many Americans say it's become a luxury
USA TODAY via Yahoo Finance· 15 hours agoIn response, “many operators...occasional McDonald’s run. In the LendingTree survey, three-quarters...
Gen Z Consumers Save Nearly 10% of Their Monthly Income
PYMNTS.com· 6 days ago...PYMNTS Intelligence’s recent Paycheck-to-Paycheck Report, “Why 60 Percent of Gen Z’s Live...
Consumer spending drives fast-growing credit card debt
Las Vegas Sun· 4 days agoHouseholds are pulling out all the stops to keep spending, and a heavy reliance on credit card debt...
The number of Americans who say they're 'doing OK financially' drops to 4-year low—here's why
CNBC· 6 days agoInflation subsided after reaching a year-over-year peak of 9.1% in June 2022, but it's been hovering...