Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August — is slowing. And for the last full month of summer, perhaps to beat the heat, consumers stayed in and clicked...
American household incomes increased 4% last year, the first significant increase since before the pandemic, according to the Census Bureau. The data showed that real median household income was $80,610 in 2023, compared to $77,540 in 2022, the bureau said in a Tuesday (Sept. 10)...
Construction spending decreased by 0.3% in July after remaining unchanged in June. Spending totaled $2.163 billion in July, down from the revised June estimate of $2.169 billion, the Census Bureau said in a Monday (Sept. 3) press release. The drop was greater than expected by...
Small businesses represent 99.9% of American firms, yet effectively financing them remains an ongoing challenge. Small businesses are inherently risky — and many end up being short-lived operations. And while the demand for innovative lending solutions tailored for small and-medium-sized businesses (SMBs) continues to grow,...
December 17, 2024
November’s consumer spending was buoyant, as eCommerce sales rebounded from a tepid pace in October. Chalk it up to the festive season, but there are signs that consumers are throttling back on at least some retail categories … so they can fill their online carts in anticipation of giving gifts to their loved ones (or […]
September 17, 2024
Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August — is slowing. And for the...
March 14, 2024
The latest reading on retail sales data from the Census Bureau showed that overall retail sales were up 0.6% month over month, reversing a 1.1% decline that had been seen in...
July 18, 2023
June’s retail sales report missed expectations — and it may be the case that tepid consumer spending, while still increasing, may wind up causing a buildup of inventory on merchants’...
September 10, 2024
American household incomes increased 4% last year, the first significant increase since before the pandemic, according to the Census Bureau. The data showed that real median household income was $80,610 in 2023, compared to $77,540 in 2022, the bureau said in a Tuesday (Sept. 10) press release. “This is the first statistically significant annual increase […]
September 03, 2024
Construction spending decreased by 0.3% in July after remaining unchanged in June. Spending totaled $2.163 billion in July, down from the revised June estimate of $2.169 billion, the Census Bureau...
May 24, 2024
New orders for manufactured durable goods increased by 0.7% in April. Orders increased by $1.9 billion to $284.1 billion during the month, the U.S. Census Bureau said in a Friday (May 24) press release....
May 01, 2024
Construction spending in the U.S. declined unexpectedly in March after being unchanged in February. Data from the Census Bureau released Wednesday (May 1) showed spending at a seasonally adjusted annual rate of $2.083 trillion,...
