Learn how the Personal Income and Outlays report from the BEA offers insights into consumer spending, income, and economic trends—critical for smart financial decisions.

Reviewed by Robert C. KellyFact checked by Suzanne KvilhaugReviewed by Robert C. KellyFact checked by Suzanne Kvilhaug An inferior good is an economic term that describes a good whose demand drops ...

Despite stock market volatility and tariff uncertainty, the US consumer is still spending. But company commentary in recent earnings reports and Wall Street data points are reasons for concern, ...

Not only low-income shoppers are hunting for deals these days. Better off consumers are also flocking to discount stores to save a few bucks. Since 2021, budget retailers have seen a large influx of ...

Washington, DC – A new Consumer Reports (CR) investigation uncovered that Kroger grocery stores collect extensive customer data and use it to make detailed inferences, such as by using an “income ...

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From airlines, retail giants, and restaurants, industries are increasingly tailoring their offerings to appeal to higher‑earning customers as they continue to take up a growing share of their customer ...

Though there are plenty of predictions about stability and modest growth in 2025, several uncertainties remain. Perhaps one of the biggest questions is whether low-income consumers will return to ...