Tag Archives: Spending

Supply line disruptions continued to threaten US consumer spending towards the end of the year. Even if there is a surge in spending at the end of the year, like before the pandemic, it is not necessarily the goods that consumers are looking for in stores. Retailers are forced to …

President of the United States (US) Joe Biden traveled to Michigan on Tuesday (5/10) to promote his legislative priority programs of spending on infrastructure and social programs. The two bills faced resistance in Congress as members of Biden’s own party, the Democrats, clashed over the size and scope of the …

The latest data shows that US consumers are buying goods again, having previously focused on travel, restaurants and other service sectors before the Delta variant hit economic activity again. But two things still threaten consumer spending, namely distribution barriers and inflation.