Tag: Consumer spending habits

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US Personal Income Rises 0.6% in October, Core PCE Inflation Reaches 2.8% Year-Over-Year

In October, personal income in the United States increased by 0.6% compared to the previous month, surpassing the expected 0.3% rise. This growth amounted to a total increase of $147.4 billion. At the same...
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Home Depot Forecasts Decline in Sales Amid Consumer Caution

Home Depot recently announced that while it exceeded expectations for the quarter, it anticipates a decline in sales for the rest of the year due to high interest rates and consumer uncertainty. The company...
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Restaurant CEOs Embrace Value to Attract Customers and Drive Growth

Restaurant CEOs are emphasizing the importance of providing value to customers in order to attract more business and drive growth in the face of declining sales. Many fast-food giants like McDonald's, Burger King, and...

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