U.S. Consumers Archives

60% of U.S Adults Live Paycheck to Paycheck, Report Shows

Americans are still struggling to save money at the end of each month amid the increased cost of living, according to a new report. The report by LendingClub and Paymnts is based on a survey of 4,163 U.S. consumers conducted from January 6 to 27. Researchers also included analysis of…

American Consumers’ Sentiment on Economy Plummets, New Survey Shows

Sentiment regarding the U.S. economy is plummeting among American consumers, a new survey has revealed. Consumer sentiment fell this month, despite upwardly revised figures, according to the University of Michigan. In a newly released survey, the consumer sentiment index for November had deteriorated less than expected and was revised to…

US Economy Slowing Due to Persistent Inflation, Supply Woes, OECD Warns

The United States economy is slowing down due to persistent inflation and ongoing supply chain issues, the Organization for Economic Cooperation and Development (OECD) has warned. The OECD has cut its growth forecast for the U.S. economy, blaming high inflation and supply disruptions. The organization says the issues are remaining…

US Consumer Sentiment Falls to Near 10-Year Low in May

Consumer sentiment in the United States has fallen to an almost ten-year low in May, new data reveals. The drop was revealed in the final May edition of the University of Michigan’s Sentiment Survey, which was released on May 27. The index fell from 65.2 in April to 59.1 in…

Fed Study Reveals How Long Americans Expect Soaring Inflation to Persist

A New York Fed study has revealed how much longer Americans expect to keep suffering from soaring inflation. The Fed's research paper says U.S. consumers expect no relief from high prices in the near term. Analysts believe that the current bout of booming inflation will keep percolating for the next…