The Federal Reserve’s latest household survey gives Washington plenty of figures to celebrate, provided nobody reads too far down the page. Between 2022 and 2025,...
Economists keep pointing to consumer spending as proof that the American economy remains strong. Americans spent 0.9% more in August, and naturally this is being...
Consumer sentiment has fallen to the lowest level ever recorded since the University of Michigan began tracking the data in 1952. The index declined to 44.8 in May...
The British consumer is beginning to crack under the pressure of rising costs, war fears, and collapsing confidence. New data from Barclays, which processes nearly...
Britain’s retail sector has just posted the worst collapse in sales in more than 40 years, and this is precisely the type of economic deterioration our models...
The Commerce Department’s advance retail sales report for December revealed that total US retail receipts were essentially unchanged from November, coming in flat...
October retail sales were flat following a downwardly revised 0.1% rise in September, missing expectations yet again. This is precisely the type of number that gets...
The private debt crisis, coupled with a consumer-based economy, is a recipe for disaster. Americans followed the age-old thinking of “buy now if it will cost more...
Retailers are predicting a slight decline in Black Friday/Cyber Monday sales, an early indication of holiday-season spending and Q4 sales. Total sales in the US...
Question: Martin, I wanted to share something that happened at church this Sunday. A deacon from a nearby town came to visit. His congregation is in a...
