President Biden has openly celebrated recent inflation reports, and Federal Reserve officials have also breathed a sigh of relief as rapid price gains show signs of losing steam.But the pressing […]
consumer behavior
Trending topics and news from the consumer behavior category
Back to news homeU.S. Consumers Are Showing Signs of Stress, Retailers Say
Consumers power the U.S. economy, and their capacity to spend has repeatedly defied predictions. In early 2020, after a short but severe recession caused by the pandemic, consumers splurged on […]
How China Made Its Housing Crisis Worse
In China the pension akin to Social Security in the United States pays about $410 a month to seniors who live in cities, and only $25 a month in the […]
Chinese Confidence Hits Low Point Because of Nation’s Economic Troubles
When their government abruptly ended its harsh Covid measures in December, many Chinese expected a robust rebound from pent-up demand. Eight months later, China is instead facing an accumulation of […]
China Faces a Crisis in Its Real Estate Sector
A model Chinese property developer in a sector replete with risk takers is teetering on the edge of default. Short of cash, one of China’s biggest asset managers has missed […]
Walmart Draws More Shoppers, Helping to Bolster the Economy
Walmart, the largest retailer in the United States, on Thursday reported stronger-than-expected growth in sales and profit as it attracted more shoppers willing to open their wallets, a sign that […]
Is Good News Finally Good News Again?
Good news is bad news: It had been the mantra in economic circles ever since inflation took off in early 2021. A strong job market and rapid consumer spending risked […]
The Fed’s Preferred Inflation Measure Cooled in June
Falling inflation. Moderating wage growth. Resilient consumer spending.This is what a soft landing would look like.It is too soon to say whether the Federal Reserve will succeed in its effort […]
Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling
Wage growth slowed this spring, the latest sign that the Federal Reserve might be succeeding in its effort to engineer a “soft landing” for the U.S. economy.Overall compensation costs, including […]
GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
Inflation has also slowed significantly. Consumer prices rose at a 2.6 percent rate in the second quarter, down from 4.1 percent in the first quarter and from more than 7 […]