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FeaturedFinanceIndustry News

Consumer Spending Holds Steady Through October, But Warning Signs Emerge for Year-End

High-frequency data points to weakening momentum heading into year-end despite solid October performance American consumer spending demonstrated underlying resilience in October even as...

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FeaturedFinanceIndustry NewsRetail

Retail Sales Rose Just 0.2% in September as Control Group Slips 0.1%

Wells Fargo Economics says a soft September keeps holiday spending forecasts intact but leaning toward the lower end of the 3.5 percent–4 percent...

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FeaturedFinanceIndustry News

Wells Fargo: Consumer Spending Defies Economic Headwinds as Online Sales Surge

Retail sales jump 0.6 percent in August, driven by e-commerce growth and resilient auto purchases despite inflation concerns American consumers continued their spending...

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