Tag:

Consumer Spending

Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Job growth in the private sector slowed to its weakest pace in seven months, as hiring lags amid economic uncertainty and rising trade tensions, according to new data. Private employers added just 77,000 jobs in February, the ADP said in its National Employment Report released on Wednesday, Mar. 5. That number marks the smallest job growth since July 2024 and was down sharply from January's revised total of 186,000. February's data is the latest in a wave of troubling economic indicators during the first two months of President Donald Trump's return to office. "Policy uncertainty…
PA Shoppers Spend Bigger Share Of Paychecks On Groceries Than Most Northeast States: Study PA Shoppers Spend Bigger Share Of Paychecks On Groceries Than Most Northeast States: Study
PA Shoppers Spend Bigger Share Of Paychecks On Groceries Than Most Northeast States: Study Inflation and soaring grocery prices are squeezing US households at the beginning of 2025, but a new study says Northeast families are spending less of their income on food than other parts of the country. A study from WalletHub called States Where People Spend the Most & Least on Groceries was released on Thursday, Feb. 13. Despite higher food costs, residents in many Northeast and mid-Atlantic states spend a smaller share of their incomes on groceries compared to others. WalletHub said the cost of groceries has surged more than 25 percent since 2019, straining household…
Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey
Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey Gift buying and date expenses for Valentine’s Day may reach new heights as Americans plan to spend more than ever on loved ones, a new survey said. US consumers will spend an estimated $27.5 billion in 2025, according to a survey from the National Retail Federation and Prosper Insights & Analytics. That would surpass the previous record of $27.4 billion in 2020 and 2024's total of $25.8 billion. Valentine's Day shoppers will spend an average of $188.81, slightly up from $185.81 in 2024. More than 56 percent plan to celebrate the holiday, an increase from 53 percent in 2024. M…