Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spending also dipped, with personal consumption ...

Consumer income growth should help the U.S. economy to avoid recession, J.P. Morgan said in its midyear economic outlook. "Our 2025 year-ahead outlook built off two propositions: momentum in the ...

Discover how to distinguish between income and price effects in economics and learn methods to calculate each for better ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Confidence among consumers fell this month as worries about slowing income gains and the cooling job market clouded their current and future outlook on the economy, The Conference Board said Tuesday.

Investors have been holding their breath over the state of the consumer, but Goldman Sachs says the middle-income consumer is doing fine and can be relied on for growth next year. “We expect that ...

Corrections & Clarifications: An earlier version of this story misspelled Jeremy Horpedahl's name. America’s middle class is spooked about the economy. Consumer confidence has been falling for most of ...

Confidence among consumers fell this month as worries about slowing income gains and the cooling job market clouded their current and future outlook on the economy, the Conference Board said Tuesday.