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Consumer spending fell 0.2 percent in December, making this the second consecutive month of decline. Covid savings are drying up and high interest rates appear to be cooling the economy.
Published: Tuesday, February 14th, 2023 @ 3:50 am
By: John Locke Foundation
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Record spending during the holiday season coincided with many American households making expenditures using record amounts of debt.
Published: Sunday, January 15th, 2023 @ 9:21 am
By: Daily Wire
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JPMorgan Chase CEO Jamie Dimon predicted that robust consumer spending may run dry toward the middle of next year.
Published: Friday, December 23rd, 2022 @ 11:35 pm
By: Daily Wire
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After two consecutive quarters of negative growth, the U.S. economy saw gains in the third quarter. U.S. gross domestic product (GDP) increased by 0.6% in Q3, according to the advance estimate released today by the Bureau of Economic Analysis.
Published: Saturday, November 19th, 2022 @ 3:09 am
By: John Locke Foundation
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Reports indicate that consumer spending is on the downturn, and the latest Civitas Poll shows Americans increasingly worried about their jobs
Published: Wednesday, August 24th, 2022 @ 8:13 am
By: John Locke Foundation
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North Carolina is betting on an expensive project to increase consumer spending in a small area of the state, and this time it's starting with a $6 million down payment
Published: Thursday, January 4th, 2018 @ 8:43 pm
By: John Locke Foundation
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Everything has a price, so how much do Americans spend on the spookiest day of the year? Since 2005, the National Retail Federation has conducted a Halloween Consumer Spending Survey to gauge consumer behavior and shopping trends related to Halloween spending. Overall, 162 million people are...
Published: Wednesday, October 29th, 2014 @ 5:04 pm
By: John Locke Foundation
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According to official government estimates, paying people not to work for extended periods of time is good for the economy, because it encourages consumer spending. This is an excellent reason why you should not take official government estimates all that seriously.
Published: Wednesday, January 1st, 2014 @ 9:48 am
By: John Locke Foundation
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