Similar Stories to May Consumer Spending Has Biggest Annual Drop Since Great Financial Crisis, Gallup Survey Finds on Bing News

It may not have the clout of the official monthly Dept of Commerce Retail Sales report not due out for two more weeks, but in retrospect considering how many credibility issues with seasonal adjustments government data has had in recent months, the Gallup Consumer Spending report may have become far more realistic than official government data.In which case all hope of a Q2 GDP rebound abandon, ye who read this: after a strong April, in which the average consumer reported a daily spend of $91, $3 higher than a year prior, and the highest spending month since before the great financial...

BING NEWS:
  • U.S. Real Consumer Spending
    U.S. Q3 GDP growth revised up to 2.9% on stronger consumer spending By Investing.com - Nov 30, 2022 1 By Geoffrey Smith Investing.com -- The U.S. economy grew faster than first thought in the ...
    04/24/2024 - 1:00 pm | View Link
  • Visa results beat estimates on resilient consumer spending
    U.S. consumer spending has remained remarkably ... Manya Saini reports on prominent publicly listed U.S. financial firms including Wall Street’s biggest banks, card companies, asset managers ...
    04/23/2024 - 11:54 am | View Link
  • Dunelm sales rise but boss warns consumer spending 'remains under pressure'
    The boss of Dunelm says that consumer spending "remains under pressure", despite a rise in sales. The homewares retailer revealed growth over the past quarter, however, shares in Dunelm Group ...
    04/17/2024 - 10:58 pm | View Link
  • Retail Layoffs Continue: Canada Goose Announces Workforce Cuts Amid Consumer Spending Pullback
    Canada Goose, the renowned luxury outerwear brand, has joined a growing list of retailers implementing layoffs amid a challenging retail landscape characterized by a pullback in consumer spending.
    03/26/2024 - 6:42 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News