Tag: Consumer spending
China’s Retail Sales and Industrial Output Exceed Expectations
China's Economy Shows Resilience Amid Global ChallengesA bustling marketplace in Beijing paints a vivid picture of China's economic landscape, where retail sales and industrial...
Effects of Tariffs on U.S. Consumer Inflation and Recession
Amid the bustling waterfront of Portland, Maine, U.S., shadows of shoppers fall on the pavement as they navigate the streets with their bags in...
China’s Consumer Inflation Turns Negative After 13 Months
China's Consumer Inflation Takes a Negative Turn After 13 MonthsChina's economic landscape experienced a significant shift in February as the national consumer price index...
Impact of Penny Phaseout on Economy, Savings, & Pricing in America
The U.S. penny has been a topic of debate for years, but recent events have pushed the conversation to the forefront. President Donald Trump...
Record Low Three-Year Inflation Outlook in New York Fed Consumer Survey
Consumers in New York City are feeling more optimistic about inflation, according to a recent report from the New York Federal Reserve. While they...
Rising Food Delivery Fees Impacting Consumers: What You Need to Know
Food delivery services have become increasingly popular among American consumers, with apps like Grubhub, DoorDash, and Uber Eats dominating the market. However, with this...
US Dollar Unsettled by Mixed PCE Data
The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE)...
US Economic Data Preview: GDP and PCE Inflation Ahead of July FOMC
The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of...
China’s Annual Growth Target Likely to Be Missed – Economic Analysis and Forecast
The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy...
Upcoming Economic Data Releases: US & UK Retail Sales, Japan, NZ, UK, and Canada...
The upcoming week from July 15th to 19th will be filled with various economic data releases and events that will impact the global markets....