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Stories Tagged as

Economic sentiment

Election 2024

Despite their feelings about the economy, consumers keep on spending

by Mitchell Hartman
Oct 17, 2024
September retail sales excluding vehicles and gasoline were up 0.7%. But consumers report uncertainty about the election and how it will impact the economy.
There is a big contradiction in this continued retail spending rally.
Jim Watson/AFP via Getty Images
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Home Depot CEO cites "macroeconomic uncertainty" in earnings report

by Stephanie Hughes
Aug 13, 2024
The company says customers are deferring big renovation projects because of high interest rates and economic worries.
When consumers spend less because they’re concerned the economy might not do so well, that can cause the economy to not do so well.
Brandon Bell/Getty Images
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