Consumer Spending
The Latest
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U.S. Consumer Confidence Sees Improvement In December As Inflation Eases
Despite the barrage of economic headwinds, consumers for much of the year remained relatively resilient, new data shows Despite the barrage of economic headwinds, consumers for much of the year remained relatively resilient, new data shows -
China Economy Grew By 8.1% Last Year, 2022 Prospects Still Uncertain
China's economy grew by 8.1% last year but analysts expect a slowdown this year due to factors such as the prolonged pandemic and the nation's stringent zero-COVID policy. China's economy grew by 8.1% last year but analysts expect a slowdown this year due to factors such as the prolonged pandemic and the nation's stringent zero-COVID policy. -
South Korea Consumers Downbeat In December As COVID Takes Toll
An assessment of current economic conditions fell 16 points to 56 points. An assessment of current economic conditions fell 16 points to 56 points. -
Golden Week Sees 'Revenge Buying' Binge in China
Chinese go on a “revenge buying” spree during Golden Week, spending up to $69 billion. Chinese go on a “revenge buying” spree during Golden Week, spending up to $69 billion. -
JP Morgan Predicts Q3 Recovery in Chinese Consumer Spending
Consumer spending, which accounts for more than half of China's GDP, remained weak in H1 but there are signs of a slow recovery. Consumer spending, which accounts for more than half of China's GDP, remained weak in H1 but there are signs of a slow recovery. -
US Consumer Spending Plunges 13.6% To Record Low in April
COVID-19 has bitten deeply into the consumer driven U.S. economy, forcing Americans to spend at the weakest pace in April since 1959. COVID-19 has bitten deeply into the consumer driven U.S. economy, forcing Americans to spend at the weakest pace in April since 1959. -
China Struggles To Boost Post-COVID-19 Consumer Spending
While consumer spending remains weak throughout China, some key economic indicators are signaling a recovery. While consumer spending remains weak throughout China, some key economic indicators are signaling a recovery. -
US Consumer Price Index Dropped By Record Amount In April
Data from the Labor Department showed a 0.4 percent drop in the country's core consumer price index in April, the largest dip ever recorded since 1957. Data from the Labor Department showed a 0.4 percent drop in the country's core consumer price index in April, the largest dip ever recorded since 1957. -
Shanghai Kicks Off Major Consumer Festival Aimed At Reviving Economic Activity
The consumption festival will last throughout May and June and will involve hundreds of special activities and key campaigns. The consumption festival will last throughout May and June and will involve hundreds of special activities and key campaigns. -
US Retail Sales Plunged By Record 8.7 Percent In March
US retail sales in March had the sharpest decline ever recorded since the government started tracking the metric in 1992. US retail sales in March had the sharpest decline ever recorded since the government started tracking the metric in 1992.