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, 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 […]