by James Van Bramer | Apr 2, 2023 | Personal Income
American households’ spending cooled significantly in February after having the largest one-month gain in nearly two years in January, offering possible signs of a slowing economy as the Federal Reserve continues to pounce on inflation through interest rate...
by James Van Bramer | Mar 1, 2023 | Personal Income
Inflation sped back up after a period of slowing at the end of last year, dealing a blow to the Federal Reserve, which will likely continue to raise interest rates this year in its quest to tame inflation. The Personal Consumption Expenditures price index, the Fed’s...
by Allison Nicole Smith | May 23, 2021 | Personal Income
High school senior Chris White planned on attending University of Texas at Arlington, a local university about a 30-minute drive from his home. But then covid hit, his father lost his job because of pandemic-related lay-offs, and he struggled to adapt to remote and...
by Allison Nicole Smith | Apr 29, 2021 | Featured, Personal Income
The March report on personal income and spending — an important indicator of Americans’ financial security and consumer confidence in the economy — is expected to signal turbocharged spending and stockpiles of wealth because of additional federal stimulus, easing...
by Allison Nicole Smith | Apr 18, 2021 | Featured, Personal Income
After Meera was laid off from her job in December because of the coronavirus (she asked to only be identified by her first name), she posted her resume to the job search site Indeed. Soon after, Meera received an email offer to make nearly $3k a month as a...
by Francisco Velasquez | Apr 15, 2021 | Featured, Personal Income, Retail
The Commerce Department will release the advance retail sales report for March on April 15 at 8:30 am ET. Economists expect strong gains to persist, a signal the recovery is gaining steam as vaccine rollout accelerates and restrictions ease. Here are five things to...
