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Analysts say end of stimulus aid threatens US retail sales rally

U.S. retail sales climbed past pre-pandemic levels, but economists warned that high unemployment rates and lack of monetary support could drag the recovery into...
US consumer spending surges 8.2% despite declining incomes

US consumer spending surges 8.2% despite declining incomes

A month after it hit rock bottom, personal consumption in the United States did its sharpest climb in May while incomes slightly dropped ahead...
Consumer confidence, spending climb as more states reopen

Consumer confidence, spending climb as more states reopen

The latest reports show consumer spending is slowly recovering as doubt among consumers has shed off after different countries have eased their statewide lockdowns...

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