Tag: consumer spending
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April 2026 PCE Report: Americans Spent More, But Inflation Swallowed the Gains
Americans spent more in April 2026, but inflation consumed nearly all the gains. Real spending barely grew while real paychecks shrank and the saving rate hit a multi-year low. Here’s what BEA’s latest PCE report actually means for your wallet and the Fed’s next move.
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Economy Nearly Stalls in Q4 2025, but a Government Shutdown Shares the Blame
GDP grew just 0.7% in the final quarter of 2025, a sharp drop from Q3’s 4.4%. But a federal government shutdown that ran through most of October accounts for roughly a full percentage point of that drag. Here’s what’s underneath the headline.