Sign in
Stories
Income Pressures Amid Rising Spending
Share
Australia's Business Conditions Soften
Australian Consumer Confidence Hits 20-M...
Consumer Confidence Rebounds Amid Econom...
Consumer Sentiment Surges in US
Cooling Inflation Trend
Cooling Inflation and Potential Rate Cut...
Overview
API
Revised data from the Bureau of Economic Analysis reveals a 3.4% increase in real GDP, fueled by consumer spending and private investment. Despite a 3.8% rise in disposable personal income, real disposable income only grew by 2%, signaling potential pressures on disposable income. Consumer sentiment reflects a cautious stance on spending amid worries about consumer debt levels and a looming economic slowdown.
Ask a question
How could these trends in consumer spending and income levels influence government policies or economic forecasts?
How might the discrepancy between disposable personal income and real disposable income impact consumer behavior?
What strategies could individuals adopt to navigate potential income pressures and economic uncertainties?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Dec 2023
Jan 2024
Feb 2024
Coverage