Inc

Recession Watch? Tanking Consumer Confidence Foreshadowed GDP Contraction in Q1

Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...
Marketplace

Consumer spending was — once again — key to GDP growth last quarter

Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...
Marketplace

Strong consumer spending continues to bolster GDP

If gross domestic product is the measure of how well the economy is doing, then the economy is doing pretty well. The report out Wednesday shows GDP was up 2.8% in the third quarter, marking about two ...
Seeking Alpha

Consumers Splurge In Q3, Phenomenally So On Durable Goods, Drive GDP Growth; But Debt-To-GDP Ratio Worsens

Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...
Hosted on MSN

‘Thanks to the mighty consumer,’ GDP shows more spring in U.S. economic growth

The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.
Forbes

Government Spending Is An Essential Component Of GDP

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...
The Gazette

Sagging consumer confidence, drop in GDP hang over economy | Tatiana Bailey

The big news this past month is that GDP, or gross domestic product, contracted in the fourth quarter. Wednesday's release came in at minus 0.3% on an annualized basis, marking GDP's first decline in ...
Seeking Alpha

GDP Whacked By Massive Spike In Imports On Frontrunning Of Tariffs; Consumer Spending Grew, Business Investment Soared

US GDP dipped by an annualized rate of 0.3%, adjusted for inflation (“real GDP”), after growth rates of 2.4% in Q4, 3.1% in Q3, and 3.0% in Q2. A massive spike in imports, by far the worst ever, on ...

Consumers may not be feeling as ‘rosy’ as the economy appears to be

So how well is the economy actually doing right now? "This is one of those cases where despite the the top line number ...

Beyond Labubu: China Consumer Spending On Services Is On The Rise

Tremendous opportunities are here for Western companies” looking into service areas, says prominent business scholar John ...
Morningstar

'Thanks to the mighty consumer,' GDP shows more spring in U.S. economic growth

The broader U.S. economy still appears to be in pretty good shape thanks to American consumers The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the ...