U.S. Slouches Toward Recession as Inflation Drags Down Income and Spending in May
Inflation-adjusted spending and income fell in May, raising concern that the post-pandemic economic recovery may have already run out of steam.
incomes
Bidenflation Sends Consumer Confidence Stumbling to 9-Month Low
High and rising inflation is convincing more people that business conditions are poor and the labor market will weaken in the months ahead.
Summertime Fun: U.S. Incomes and Spending Rise Together, Savings Rate Holds Steady, Inflation Eases
spending rose at a robust pace in June, indicating that consumers have the capacity to push the economy onward.
