The Business Times

Consumer expenditire

International

US consumer spending falls unexpectedly in May

A shopper carries a Gump's San Francisco bag in the Union Square area of San Francisco, California, US, on Thursday, Dec. 5, 2024. Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending. Photographer: David Paul Morris/Bloomberg
International

US consumer spending rises in February; core inflation firmer

Consumption is being largely underpinned by low layoffs, with additional help from strong household balance sheets thanks to a stock market rally and high home prices.
International

US retail sales slightly above expectations in October

epa10993033 People walk along Oxford Street as they do their Black Friday shopping and enjoy the decorations in London, Britain, 24 November 2023. The Black Friday global sales event sees the UK retailers increasing their Black Friday discounts in 2023 but customers face ongoing concerns about the cost of living. EPA-EFE/TOLGA AKMEN
International

UK retail sales rise 0.5% in July

A pedestrian zone in the upscale shopping district of Ginza in Tokyo, Japan,. Photographer: Toru Hanai/Bloomberg
Banking & Finance

BOJ said to see weak consumer spending complicating rate call

Barclays said spending on its credit and debit cards fell by 0.6 per cent in annual terms in June - the first drop since February 2021. It linked the fall to cool weather at the start of month.
International

Chilly June prompts UK consumers to cut back their spending

Many Japanese retirees are not only saving for the cost of their own care, but also for the cost of their parents’, who are still alive.
Opinion & Features

Baby boomers are loaded. Why are they so stingy?

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