Consumer Spending Rebounds

Consumer spending rebounds

Data, coupled with new information on jobless claims, provides a bit of hope for the economy.

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BING NEWS:
  • Wasteful government spending adds up – and all of us pay the price
    The latest inflation numbers show a 3.5% annual growth for consumer prices, still well above pre-pandemic levels. That means millions of families are struggling to get back to where they ...
    05/3/2024 - 10:00 pm | View Link
  • Opinion | The Government-Spending Jobs Boom
    Government, healthcare and social assistance accounted for about 95,000 of last month’s new jobs. Over the last year these industries have made up nearly 60% of the country’s 2.8 million in job growth ...
    05/3/2024 - 11:18 am | View Link
  • IDC: Structured Database Workloads Drive Major IT Infrastructure Spending in Late 2023
    Structured Database/Data Management workloads continued to drive the largest share of enterprise IT infrastructure spending ...
    05/3/2024 - 11:05 am | View Link
  • Commentary: Wasteful government spending adds up – and all of us pay the price
    This should come as no surprise, since excessive deficit spending from Washington remains much too high. In 2023, the federal government spent $6.1 trillion (roughly $47,000 per household) and ran a ...
    05/3/2024 - 12:33 am | View Link
  • 1 Incredible Rule of Thumb for Retirement Spending
    Let's say you have $2 million saved for retirement. According to the 4% rule, you could withdraw $80,000 in the first year of retirement. Each subsequent year, you'd adjust this amount for inflation.
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BING SEARCH:
  • Consumer Expenditures in 2021
    For a snapshot of how inflation could impact measures of consumer spending in 2021, take a theoretical family that spent 5.0 percent more on goods and services relative to 2020. The 5.0 percent represents their nominal spending growth.
    05/3/2024 - 10:23 pm | View Website
  • US consumer spending: 2022 survey results | McKinsey
    The following seven charts highlight findings from our latest Consumer Pulse survey, which was in the field between February 25 and March 1, 2022, and garnered responses from more than 2,100 US adults (sampled and weighted to match the general US population).
    05/3/2024 - 5:22 pm | View Website
  • Consumer Spending | U.S. Bureau of Economic Analysis (BEA)
    December 2023. +0.6%. Consumer spending, or personal consumption expenditures (PCE), is the value of the goods and services purchased by, or on the behalf of, U.S. residents. At the national level, BEA publishes annual, quarterly, and monthly estimates of consumer spending. Current Release.
    05/3/2024 - 12:00 pm | View Website
  • Consumer spending increased 9.0 percent in 2022 : The ...
    Consumer spending increased 9.0 percent in 2022. October 04, 2023. Average annual expenditures for all consumer units increased 9.0 percent from 2021 to 2022, similar to the 9.1 percent increase from 2020 to 2021.
    05/3/2024 - 11:24 am | View Website
  • Consumer Spending: Definition, Measurement, and Importance
    Consumer spending is the total money spent on final goods and services by individuals and households for personal use and enjoyment in an economy. Contemporary measures of consumer spending...
    05/2/2024 - 9:12 pm | View Website
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