Retail sales fell 0.6% in July from the prior month, marking the steepest drop since May 2025.
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Sam Stovall’s warning: Consumer spending will collapse the moment banks tighten credit
Quick ReadCapital One (COF) and Synchrony (SYF) earnings will reveal whether banks are tightening credit limits, which ...
While overall consumer spending remains strong, many families say they are hunting for deals, embracing DIY projects and ...
Keep a close eye on consumer spending.
Earnings this week are covering the retail sector, providing a health check of U.S. consumer spending that makes up the majority of GDP. Things are especially on watch this time around, given elevated ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. The stock market and consumer spending may be up, but so is household debt. A new report from the ...
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Goldman Sachs warns that a consumer slowdown could soon hit the economy as tax refunds dry up
Goldman says consumer spending growth could fall as low as 1% as tax refunds dry up & Americans feel the pressure to cut back ...
Forbes contributors publish independent expert analyses and insights. Pam Kaur covers fintech and bank tech innovation and regulation. U.S. consumers are expected to spend near record levels this ...
While Americans are increasingly concerned about their financial standing, consumer spending has picked up. Even though spending is higher now, financial constraints coupled with expectations that the ...
The U.S. annual inflation rate rose to 4.2% in May, its highest level since April 2023. Two-thirds of consumers said they plan to cut back on spending because of rising prices, according to The ...
For now, early numbers suggest the tournament is accomplishing one of its most anticipated off-the-field objectives.
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