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By Danielle Kaye Shoppers spent more than expected on a wide range of goods last month, a sign that consumer demand ... slightly ahead of economists’ expectations, the Census Bureau reported ...
Americans' expectations for inflation in the year ahead increased sharply in April, hitting their highest since 1981, according to the University of Michigan’s consumer-sentiment survey.
As for wages, average hourly earnings in September were up 0.4 percent from a month ago to $35.36, slightly above expectations. From a year ago, wages have risen by 4.0 percent, the report noted.
Annual inflation rose to a 2.4 percent pace in May, suggesting President Donald Trump’s tariffs have yet to drive up the cost of everyday products.
A New York Fed survey of consumer expectations released on Monday revealed that the median five-year inflation outlook rose by 0.3 of a percentage point in January, to 3%. The survey results ...
Private sector hiring blew past expectations in October, another sign that the US labor market remains on solid footing, payroll processor ADP reported Wednesday. Non-governmental employers added ...