Catenaa, Friday, June 27, 2025- US consumer spending unexpectedly fell by 0.1% in May as the trend of pre-tariff buying of goods like motor vehicles faded, with moderate inflation. Consumer spending, which accounts for more than two-thirds of economic activity, dropped 0.1% last month after an unrevised 0.2% gain in April, the Commerce Department’s Bureau […]

Catenna, Monday, March 17, 2025- US Consumer spending rose in February despite uncertainty in the economy as retail sales grew at solid space but less than expected. Headline retail sales rose 0.2% in February, the Commerce Department said on Monday,  less than the 0.6% increase economists had expected. Retail sales in January were revised lower […]

Catenaa, Thursday, August 28, 2025- The US economy rebounded in the second quarter by 3.3% after shrinking in Q1 due to fallout from President Donald Trump’s trade wars, official data said on Thursday. In an upgrade from its first estimate in July, the Commerce Department said Thursday that US gross domestic product expanded at a […]

Catenaa, Thursday, July 17, 2025- US retail sales rose unexpectedly in June after consumers pulled back in May, official data showed on Thursday, despite tariff-related price concerns. The Commerce Department said retail sales rose by 0.6% in June after declining 0.9% in May. Sales in April fell 0.1%, pulled down by a steep drop in […]