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Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
PYMNTS.com· 7 days agoThe latest data on personal consumption notes that spending is outpacing the growth in disposable ...
What's behind the unstoppable American consumer
Axios· 7 days agoWhy it matters: The drivers of such robust spending — and how long they can last — are key to what's ahead for the economy. By the numbers: For the...
Inflation picks up
The Hill· 7 days agoThe personal consumption expenditures (PCE) price index rose 0.3 percent in March, holding steady from February. The PCE price index rose 2.7 percent over the past year, around ...
Consumer spending, closely watched by Fed, rose 0.3% in March
United Press International via Yahoo Finance· 7 days agoKey PCE U.S. consumer inflation rose 0.3% in March, according to Friday's Bureau of Economic...
'Inflation is still a problem': Consumers are spending more and saving less, new federal data shows
WCPO Cincinnati· 3 days agoConsumers are spending more money, but are cutting back on saving, according to new federal data....
Fed Inflation Gauge Surges to 2.8% in March, Surpassing Expectations
FX Empire· 7 days agoFed’s inflation measure exceeds forecasts; all-items PCE index signals robust inflation, with March...
Slipping Confidence Hard to Square with Resilient Spending
The Forex Market· 3 days agoIt may be that in order to sustain the breakneck pace of spending, consumers are spreading...
The Fed’s preferred inflation gauge just moved in the wrong direction
CNN Business via AOL· 7 days agoTaking inflation out of the equation, the economy-powering spending was still up 0.5%, according to...
How Long $2 Million Will Last in Retirement in Hawaii
GOBankingRates via Yahoo Finance· 23 hours agoIf you want to move away for retirement, Hawaii is literally as far away as you can get. According...
US inflation increases moderately; consumer spending boosts Q2 outlook
Reuters via AOL· 7 days agoU.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and...
