Consumer Spending Powers The US Economy. A K-Shaped Economy Will Further Test This Dynamic In 2026.
The US economy exits 2025 with one phrase defining consumers: K-shaped.
The US economy exits 2025 with one phrase defining consumers: K-shaped.
The Conference Board’s consumer confidence reading hit 89.1 in December, declining for the fifth consecutive month.
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
A growing chorus on Wall Street is warning that the US economy is becoming increasingly K-shaped.
A growing chorus on Wall Street is warning that the US economy is becoming increasingly K-shaped.
President Donald Trump has repeatedly touted the strength of the U.S. economy, recently insisting that “our economy is booming (1).”
Economists say long-awaited September jobs report complicates Fed rate cut path.