Consumer spending makes up two-thirds of U.S. GDP, but the economy cannot rely on wealthy consumers alone. Lower- and middle-income households account for the bulk of total consumption by volume. When ...
Late last year, Academy Sports & Outdoors executives started noticing something unusual. The chain, which tends to draw bargain-hunters looking for everything from bicycles to outdoor grills, was ...
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, ...
The recent drop in consumer income in May has raised concerns about a potential recession, but experts argue that this decline may not be a true indicator of an economic downturn. On Friday, data ...
BOSTON, Nov. 20, 2025 /PRNewswire/ -- Prospects for the US consumer are darkening as mounting signs of financial and economic stress for lower-income Americans intensify risks of a downturn ahead for ...