#household-spending

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#real-income-growth #labor-market #economic-inequality #tariffs #price-inflation #economic-impact
US politics
fromFortune
6 hours ago

'Just enough to spend, not enough to splurge': The low-hire labor market bites for Gen Z and lower-income Americans, JPMorgan finds | Fortune

American households face a tighter holiday spending season due to weak real income growth and a soft labor market disproportionately affecting younger and lower-income workers.
US politics
fromwww.theguardian.com
1 month ago

Empty shelves, higher prices': Americans tell of cost of Trump's tariffs

Tariffs have driven up consumer prices, forcing households to cut staples and increase budgets while companies pass most cost increases onto Americans.
fromBusiness Matters
2 months ago

Nearly 1bn wiped off UK retailers' market value as Deutsche Bank 'fear index' warns of consumer squeeze

Almost £1 billion was wiped off the stock market value of Britain's biggest retailers on Tuesday after Deutsche Bank warned that consumer confidence is sliding sharply ahead of the autumn budget. The bank's so-called fear index points to rising anxiety across all income groups, with shoppers concerned about job losses, frozen tax thresholds, and the prospect of further fiscal tightening from Chancellor Rachel Reeves.
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