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U.S. Economy

US Retail Sales Show Consumer Spending ‘Still on the Uptick’

U.S. retail sales rose in June, signaling a healthy consumer sector, but the Fed could still cut rates this…

The Outdoor Apparel Consumer Has a New Face and Some Brands Aren’t Yet Up to Speed

New consumer cohorts and a growing number of minority and urban participants have forced a change in the…

Tariffs Could Lead to ‘Widespread Store Closures,’ Analyst Says

A concern is that a 25 percent tariff hike occurs as the U.S. economy is slowing down, reducing the ability…

Outlook for US Economy Worsens as China Trade War Persists

Trade tensions and expectations of major tariff increases on imports from China are taking their toll on the…

Hearings on Tranche 4 of China Tariffs, Trade Policy Extended to June 25

Executives at firms in favor of and against the proposed tariffs are testifying at hearings over the next…

Things You Need to Know For the Week Ahead

More than 600 firms want President Trump to resolve the trade dispute with China; many will make their voice…

May’s Retail Sales Data Suggests US Economy Still on Solid Footing

Economists see the May retail sales report, along with the upward revision for April, as indicators that the…

Things You Need to Know for the Week Ahead

Tariffs remain the top concern for the retail and apparel sector, while the jobs report suggests an economic…

Retail Stocks Show Declines in May, Though The Tide May Turn

Retail stocks ticked up on hopes of a rate cut after a downswing in May, but there could be more grey clouds…

Dow Falls 617 Points, Reflecting Anxiety Over a Possible Protracted US-China Trade War

Shares of retail and apparel firms saw declines Monday, following the overall market trends as investors…

Things You Need to Know for the Week Ahead

Friday's jobs report was strong, but retail continued to see losses. Earnings from Lenzing and Tapestry are…

Here’s Why the Fed Held Rates Steady and What it Means for Borrowers

The Fed left current policy on rates unchanged due to low inflation, and that means borrowers will see no…

Where US Consumer Confidence is Headed in the Coming Months

The Conference Board's Consumer Confidence Index rose in April, but a drill down on the data collected…

Consumer Spending on Clothing and Footwear Falls Again, as Personal Income Dips

Consumer spending on clothing and footwear fell for the second straight month in January.

US Economic Outlook Wobbles as Volatility Persists

The recent turbulence in financial markets has softened the outlook for 2019 and beyond, according to a new…