Tag: Consumer spending trends
US Consumer Confidence Drops to 98.7, Biggest Decline Since 2021 – Action Forex
**US Consumer Confidence Sees Sharp Decline**The US Conference Board Consumer Confidence Index took a significant hit in September, dropping to 98.7 from 103.3, well...
Consumer Confidence Index Drops Sharply in September
The Consumer Confidence Index, a key indicator of consumers' perception of the economy, saw a sharp decline in September according to the latest report...
America’s Economy: Potential Consumer Crunch Ahead
America's Economy: Resilience Amidst Potential Challenges AheadThe American economy has been on a rollercoaster ride in recent years, with various challenges and opportunities shaping...
Navigating Market Sentiment: Inflation vs. Slowdown Concerns – Action Forex
Navigating Market Sentiment: Inflation vs. Slowdown ConcernsThe summer of 2024 has brought significant volatility to financial markets as conflicting views on the US economy...
Increase in Consumer Spending Boosts Retail Sales by 1% in July
Consumer spending in the United States saw a significant boost in July, surpassing economists' expectations and driving a 1% increase in retail sales. The...
Retail Sales Report: Key Expectations and Forecasts
Retail Sales Report: Key Expectations and ForecastsRetail sales are a crucial indicator of economic health, reflecting consumer confidence and spending habits. As economists eagerly...
The Unlikelihood of a Global Recession in the Near Future
As investors around the world anxiously watch the global economy, the recent weak jobs report in America has sparked concerns about a potential recession....
Fed’s Interest Rate Cuts: Key to Preventing Recession – Market Outlook
Federal Reserve Chairman Jerome Powell and the rest of the central bank are facing a critical decision that could impact the economy and the...