The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, ...

The good news: The American consumer is still driving the economy. Consumer spending increased a robust 4.2% at an annual ...

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

After shrinking to 53 percent of the entire GDP pie in 2023, household expenditures, also referred to as private consumption, bounced back to 54 percent last year after growing by 4.94 percent.

Economic growth came in pretty strong for the fourth quarter. GDP rose at an annual rate of 2.3%. And consumer spending rose ...

After shrinking to 53% of the entire GDP pie in 2023, household expenditures, also referred to as private consumption, bounced back to 54% last year after growing by 4.94%. Gross fixed capital ...

The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.

"The effect of personal income tax (PIT) cut is huge!!! I estimate consumption in FY26 will ↑↑ by >10% and GDP will ↑↑ by ... giving them more spending power and, as Subramanian suggests ...