In Tariff War, Mass. Banks Could Lose
The Trump administration’s back-and-forth tariff policy is engendering skepticism from local financial institutions at the same time it appears to be scaring consumers and local businesses.
Survey Hints Consumers ‘Coming to Terms’ with High Mortgage Rates
Fannie Mae’s monthly survey of consumer sentiment about the housing industry contains hints that consumers may finally be getting used to the seemingly-intractable combination of high interest rates and high home prices that’s choking residential real estate markets around the country.
Consumer Confidence Bounces Back, Ending Year on High Note
The confidence of American consumers rebounded this month to end the year on a high note despite high inflation, rising interest rates that have made credit cards and mortgages more expensive, and growing anxiety about a possible recession.
Key Inflation Gauge Tracked by The Fed Remains a High 6.3 Percent
A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3 percent in May from a year earlier, unchanged from its level in April.
US Consumer Confidence Slumps to Lowest Level in 16 Months
U.S. consumer confidence slipped to its lowest level in 16 months as persistent inflation and rising interest rates have Americans as pessimistic as they’ve been about the future in almost a decade.
Study Says Prospective Shoppers Value Cleaning, Masks Most
When evaluating a store’s safety measures, consumers said cleaning protocols and the presence of masks and other barriers were most important to making them feel safe shopping there.
Thanks to Consumers, US Economy Rising Steadily if Slowly
The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. Yet the main driver of growth – consumer spending – remains vigorous enough to keep the economy growing steadily if still modestly.
Misery Loves Company
“Economic Misery on the Rise, According to C6 Real...
