Marketplace

Consumers just keep spending, fueling GDP growth

Gross Domestic Product data for the second quarter came out on Thursday. Economists expected a moderate slowdown in growth, given inflation and interest rates. Instead, the reading shows a robust ...
Marketplace

Consumer spending was — once again — key to GDP growth last quarter

Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...
Inc

Recession Watch? Tanking Consumer Confidence Foreshadowed GDP Contraction in Q1

Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...

Consumer Sentiment, An Important Indicator Of The Economy, Falls More

Experts fling themselves from one direction to another, but consumers have a steadier sense of what is happening overall.
WTOP News

This Week: Consumer confidence, inflation data, GDP update

The Conference Board on Tuesday issues its consumer confidence index for June. Economists expect that consumer confidence held steady as Americans continued to deal with elevated prices and high ...
Newsday

US economic growth increased last quarter to a healthy 2.8% annual rate

WASHINGTON — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
Seeking Alpha

Consumers Splurge In Q3, Phenomenally So On Durable Goods, Drive GDP Growth; But Debt-To-GDP Ratio Worsens

Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...
MarketWatch

‘Thanks to the mighty consumer,’ GDP shows more spring in U.S. economic growth

The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.

Consumers may not be feeling as ‘rosy’ as the economy appears to be

So how well is the economy actually doing right now? "This is one of those cases where despite the the top line number ...

Stocks near all-time highs. Consumer sentiment near-record lows. So what gives?

When the spread between the two is as wide as it is now, it means that consumers are more confident about the economy as a whole than they are about how they personally will fare in coming months. An ...
Morningstar

'Thanks to the mighty consumer,' GDP shows more spring in U.S. economic growth

The broader U.S. economy still appears to be in pretty good shape thanks to American consumers The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the ...