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Retail Earnings & Consumer Spending: A Closer Look
Zacks via Yahoo Finance· 4 hours agoWith the unemployment rate at a multi-decade low, household buying power remains largely intact, even though most of the Covid savings have already been...
AI Is Booming, but Consumer Spending Is Slowing. Which Will Prevail in the Stock Market?
Morningstar· 8 hours ago“You’re seeing all these indications that the consumer is weakening,” says Bryant VanCronkhite,...
Explainer: April sees sharp decline in UK retail sales volumes
Retail Insight Network via Yahoo Finance· 17 hours agoOverall sales volumes and values fell sharply, continuing a downward trend that has persisted since...
Canada Retail Sales Jump 0.7% in April After Weak First Quarter
Bloomberg via Yahoo Finance· 14 hours ago(Bloomberg) -- Canadian consumer spending sharply rebounded last month, according to preliminary...
Consumer confidence continues ‘upward momentum’ – survey
PA Media: Money via Yahoo Finance· 1 day agoGfK client strategy director Joe Staton...There was another strong showing for the UK Consumer...
The number of Americans who say they're 'doing OK financially' drops to 4-year low—here's why
CNBC· 15 hours agoInflation subsided after reaching a year-over-year peak of 9.1% in June 2022, but it's been hovering...
Walmart, Home Depot And LVMH Earnings Highlight Consumer Spending Shifts
Forbes· 4 days agoWith roughly 70% of the economy driven by consumer spending, changes in these patterns significantly...
Inflation isn’t keeping Americans from having fun this Memorial Day weekend
CNN Business via Yahoo Finance· 10 hours agoAmericans may be sick and tired of dealing with high prices across pretty much every aspect of their...
Some consumers are punting big purchases like pools and mattresses
NBC Universal via AOL· 6 days agoSpecifically, CEO J. Mitchell Dolloff said consumers are shifting their spending to focus on...
Why groceries are so expensive — and how consumers may start to see relief
NBC Universal via AOL· 9 hours agoSen. John Kennedy, R-La., blamed government spending under President Joe Biden. “When you spend this...