[Tree] Consumer spending trends among different income groups

Version 0.33 (2024-10-26 19:34:41.797000)

updates: Increased wealth disparities affecting consumer spending

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Version 0.32 (2024-10-18 17:49:44.951000)

updates: Wealthier households driving retail spending; lower-income decline

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Version 0.31 (2024-10-18 09:47:49.575000)

updates: Increased focus on wealthier Americans' spending habits

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Version 0.3 (2024-10-18 08:36:45.716000)

updates: Increased focus on wealthier consumers' spending habits

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Version 0.29 (2024-10-18 07:34:39.335000)

updates: Increased focus on wealthier Americans' spending habits

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Version 0.28 (2024-10-11 19:35:02.726000)

updates: Increased focus on wealth disparities in spending

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Version 0.27 (2024-09-12 13:39:05.414000)

updates: Integration of Brookings analysis on household finances

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Version 0.26 (2024-08-30 23:32:19.752000)

updates: Savings rate drops while spending increases; economists remain optimistic.

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Version 0.25 (2024-08-12 19:16:33.322000)

updates: Information about the impact of shrinking cash reserves on US consumer spending

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Version 0.25 (2024-08-12 19:16:33.322000)

updates: Information about the impact of shrinking cash reserves on US consumer spending

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Version 0.24 (2024-08-07 21:12:47.144000)

updates: Consumer spending preferences shifting towards services over goods

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Version 0.23 (2024-07-31 17:03:40.106000)

updates: Consumer preferences shifting towards services over goods

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Version 0.22 (2024-07-27 20:09:58.527000)

updates: Wealthy Americans are cutting back on discretionary spending, impacting luxury goods makers and the restaurant industry.

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Version 0.21 (2024-06-30 12:53:47.129000)

updates: Consumer spending expected to slow in the second half of 2024

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Version 0.2 (2024-06-27 12:54:58.644000)

updates: Americans across all age groups have dramatically cut back on spending between April and June, with concerns about inflation and the rising cost of living being the primary factors. This decline in spending could have a meaningful effect on the U.S. economy, potentially leading to a slowdown.

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Version 0.19 (2024-06-22 12:53:22.810000)

updates: Consumer spending decline signals possible recession

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Version 0.18 (2024-06-22 00:54:12.343000)

updates: Updated information on consumer spending and economic challenges

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Version 0.17 (2024-06-10 02:52:48.007000)

updates: New information on monthly consumer-spending growth and retail sales

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Version 0.16 (2024-04-12 02:30:50.909000)

updates: Add information about sluggish consumer spending in New Zealand

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Version 0.15 (2024-03-20 15:21:17.678000)

updates: Updates on consumer spending, inflation, nonfarm payrolls, and credit union portfolio data

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Version 0.14 (2024-03-01 16:26:47.009000)

updates: US construction spending sees unexpected dip in January

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Version 0.13 (2024-03-01 15:24:09.986000)

updates: Consumer spending in the US has slowed at the beginning of 2024, according to the PCE inflation report. The report indicates that consumer spending has not met expectations, leading to concerns about the state of the economy. The data reflects the month of January and shows a decrease in consumer spending compared to previous months. This slowdown in spending could have implications for the financial markets and overall economic growth. The report suggests that inflation data has met expectations, but the focus remains on the decline in consumer spending. Construction spending in the U.S. surprised to the downside in January, decreasing by 0.2% month-on-month to $2,102.4 billion, compared to the expected increase of 0.2% and the revised 1.1% increase in December. However, it represents an 11.7% increase from a year ago.

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Version 0.12 (2024-02-29 16:25:12.758000)

updates: US consumer spending cools in January after holiday surge

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Version 0.11 (2024-02-29 14:21:12.725000)

updates: Concerns over sluggish consumer spending amidst global economic challenges

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Version 0.1 (2024-02-24 14:20:21.124000)

updates: Concerns over sluggish consumer spending amidst drop in retail sales

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Version 0.09 (2024-02-23 23:16:08.177000)

updates: Inclusion of information about recessions in China and Germany

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Version 0.08 (2024-02-16 08:16:11.566000)

updates: Concerns over sluggish US consumer spending

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Version 0.07 (2024-02-15 18:20:50.122000)

updates: Integration of information about consumer spending and investor optimism

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Version 0.06 (2024-02-14 02:49:55.700000)

updates: Includes information about retail industry and CreditWatch concerns

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Version 0.05 (2024-01-23 13:56:12.493000)

updates: Customer satisfaction reaches record high in the US

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Version 0.04 (2023-12-25 07:01:10.904000)

updates: Consumer sentiment rises, Inflation falls faster than expected

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Version 0.03 (2023-12-25 00:59:52.599000)

updates: Updated information on consumer sentiment and inflation

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Version 0.02 (2023-12-24 18:59:46.412000)

updates: Consumer sentiment rises, inflation falls faster than expected

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Version 0.01 (2023-12-13 16:20:30.354000)

updates: Incorporated information about business inflation expectations

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Version 0.0 (2023-11-15 15:53:14.323000)

updates:

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