Browsing Tag
Consumer Spending
8 posts
Mastercard Reports Strong Fourth-Quarter Earnings
Mastercard has announced its fourth-quarter earnings, revealing a net income of $2.8 billion, or $2.97 per share. This…
31 January 2024
Decline in U.K. Retail Sales Continues
Retail sales in the U.K. experienced another drop in October, as consumers grapple with the ongoing high cost…
17 November 2023
The Big Three U.S. Carmakers Overcome Strike Challenges
Despite the six-week-long United Auto Workers strike, the Big Three U.S. carmakers experienced an increase in inventories. However,…
2 November 2023
Americans to Spend Less on Holiday Gifts Amidst Shifting Consumer Economy
The National Retail Federation (NRF) recently predicted that Americans will spend less on holiday gifts this year, reflecting…
2 November 2023
Economic Strength & Optimism in the U.S.
Treasury Secretary Janet Yellen expressed her confidence in the U.S. economy, citing various positive indicators. She emphasized the…
26 October 2023
Americans Face Difficulty Obtaining Credit
A recent survey by the New York Federal Reserve Bank revealed that a record number of Americans are…
11 September 2023
Consumer Spending Surges in July
The Numbers Consumer spending in the United States saw a significant increase of 0.8% in July, marking the…
31 August 2023
U.S. Online Shoppers Spend Record $12.7 Billion on Amazon’s Prime Day
According to data released by Adobe on Thursday, U.S. online shoppers set a new record by spending a…
14 July 2023