The Government Needs Wealthy Consumer Spending To Keep GDP Growing
A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
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Personal Consumption Expenditures (PCE): What It Is and Measurement
Personal consumption expenditures (PCE), also known as consumer spending, is a measure of the spending on goods and services by people of the United States. According to the Bureau of Economic ...
PCE Inflation Rises 2.5% In January As Expected
The BEA's Personal Income and Outlays report showed inflation remained elevated at the start of 2025. Read more here.
Inflation Slows More Than Expected in February
Consumer inflation slowed slightly last month, after January's surprising hot reading. Here's what else to note from the consumer-price index this morning: The CPI rose 2.8% in the 12 months through ...