Wages and salaries are near the pre-pandemic trend, but ongoing cases and caregiving concerns could…

Spending in goods and services both contributed to the $892.6 billion increase in consumer spending…

The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…

Expectations are growth for growth of 0.2% in hourly earnings month over month, versus 0.1% in Sept…

"The employment report showed a modest 0.3% gain in aggregate private sector wages, but overall per…

"[W]e anticipate a sizable add from motor vehicles, reflecting the jump in unit sales," said Citi's…

"Data from the employment report showed weaker job growth in July," said Wells Fargo's John Silvia.…

Note that the income is massively distorted due to some calendar quirks related to the fiscal cliff…

"Personal income in November and December was boosted by accelerated and special dividend payments …

"On balance, even abstracting from the one-off surge in dividend payments (which we expect to rever…

"We already know from last week’s GDP data that real consumption rose at an impressive annualised r…

Why is this number so important? While consumer resilience to the tax increase can partly be attrib…

Consumption growth has been basically flat since mid-2010, while disposable income has seen more fl…

PCE Core rose by 0.1% month-over-month and 1.5% year-over-year, which were in in line with expectat…

Personal consumption expenditures, or an alternative reading on inflation, showed prices rose 1.3% …

The latest personal income and outlays report from the BEA showed that personal spending fell 0.1% …

A drop in spending could have a devastating effect on the US economy, as consumption is responsible…

"Information received since the Federal Open Market Committee met in April indicates that the pace …

We believe that we are currently in a highly precarious environment for global growth and asset mar…

The strong gains in the job market last year were accompanied by a continued moderate expansion in …