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Consumption

All articles tagged with #consumption

US Q2 Growth Slows to 1.5% as Inflation Remains Above Target
economy26 days ago

US Q2 Growth Slows to 1.5% as Inflation Remains Above Target

U.S. GDP expanded 1.5% in Q2, below forecasts and dragged by weaker inventories and federal spending, even as consumer spending stayed solid. Inflation remains elevated with core PCE at 3.3% (headline PCE around 3.7% year-over-year) and the Fed holding rates at 3.5%–3.75%. June spending rose 0.3% and the savings rate fell to 2.7%, the lowest in four years. Exports rose and imports fell, while energy prices eased and inventories/government spending subtracted from growth, underscoring ongoing inflation pressures despite steady demand.

via CNBC|
#consumption#economy#fed
Stock Rally Enriches the Few, Widening the Wealth Gap
markets1 month ago

Stock Rally Enriches the Few, Widening the Wealth Gap

CNN explains that a broad stock-market rally has boosted spending primarily among wealthy Americans who own most stocks and significant home equity. The top 20% account for about 57% of discretionary spending and control about 87% of stock wealth, fueling GDP growth (the market has returned around 22% last year, 76% since 2023, and 327% over a decade) and lifting consumption by higher earners. Meanwhile, the wealth gap between rich and poor has widened, fueling dissatisfaction and calls for more equitable outcomes. Experts warn that if the rally fades, the economy could suffer a sharp slowdown since market wealth underpins a large share of consumer demand, creating a K-shaped dynamic where prosperity concentrates at the top and pain deepens for the rest.

via CNN|
#consumption#markets#sandp-500
Inflation climbs to three-year high as Warsh takes the Fed helm
economy2 months ago

Inflation climbs to three-year high as Warsh takes the Fed helm

April’s PCE inflation rose 3.8% year over year—the highest in nearly three years, with core PCE at 3.3%—as energy costs led broad price gains across housing, utilities and services; personal income growth lagged inflation and the saving rate slipped to 2.6%, while spending rose 0.5% in April, signaling households are feeling the squeeze and fueling expectations for a potential Fed rate hike later this year under new chair Warsh.

via CBS News|
#consumption#economy#energy-prices
China shifts to spending-led growth as economy cools
business5 months ago

China shifts to spending-led growth as economy cools

China is pushing a shift from investment- and export-led growth to boosting household spending, unveiling a 4.5–5% growth target and a suite of “investing in people” measures—expanded elder care, paid leave, child support, and an urban-rural income plan—to lift consumption. Analysts caution the shift will be gradual, given weak consumer confidence, a long downturn in real estate that erodes household wealth, birth-rate declines, and high youth unemployment, with stimulus effects shown to be limited so far. The plan’s success hinges on restoring incomes and confidence rather than a short-term fiscal push, while China continues to emphasize advanced manufacturing and tech as anchors for future growth.

via BBC|
#business#china-economy#consumption
China Sets 2026 Growth Target Below 5%, Signaling Slower Path
business5 months ago

China Sets 2026 Growth Target Below 5%, Signaling Slower Path

China unveiled a 2026 growth target of 4.5–5%, the first below 5% in more than three decades, signaling a slower, rebalanced economy as officials push for stronger domestic demand, higher-quality growth, and less reliance on manufacturing, while observers question official data and anticipate policies to boost consumption and address overcapacity.

via The New York Times|
#business#china-economy#consumption
Consumption fuels U.S. growth in 2025, with AI acting as a supporting role
economy7 months ago

Consumption fuels U.S. growth in 2025, with AI acting as a supporting role

Analyses show U.S. GDP growth in 2025 was driven primarily by consumer spending, with AI-related capital expenditures ranking a distant second. Adjusted for imports, AI’s net contribution to growth averaged 0.4–0.5 percentage points (roughly 20–25% of growth excluding imports), while software and computers were AI’s biggest GDP contributors rather than data centers. Some analysts argue AI’s impact on GDP is overstated. Quarterly data later in 2025 showed strong growth (Q3 at 4.3% annualized) despite a negative Q1, with Q2’s pace in between. Looking ahead to 2026, consumption is expected to remain resilient, aided by AI investments, possible Fed rate cuts, and unemployment stabilization tied to slower immigration; productivity and job creation will be key watchpoints.

via CNBC|
#ai-investment#consumption#economy
China Shifts Focus to Consumer Spending Amid Economic Challenges
economy1 year ago

China Shifts Focus to Consumer Spending Amid Economic Challenges

China's Communist Party, led by Xi Jinping, is shifting its economic focus from technology and industry investment to boosting domestic consumption amid concerns over economic growth. The recent Central Economic Work Conference emphasized the need for "vigorous" efforts to enhance domestic demand, with plans to expand the budget deficit to fund these initiatives. While details are sparse, potential measures include increased health insurance coverage and education funding. Economists suggest that fiscal policy will play a significant role in stabilizing growth, though challenges like the housing market crisis remain unaddressed.

via Financial Times|
#china#consumption#domestic-demand
health1 year ago

Unveiling the Health Risks of Regular Alcohol Consumption

Regular alcohol consumption can have both potential benefits and significant risks. While moderate drinking, particularly of red wine, may offer some cardiovascular benefits, excessive alcohol intake poses serious health risks, including liver damage, increased cancer risk, and mental health issues. The National Institutes of Health recommends moderation, with no more than one drink per day for women and two for men, and advises certain groups to abstain entirely. Ultimately, the risks of alcohol consumption may outweigh the benefits, and alternatives like red grape juice or green tea can offer similar heart-healthy compounds.

via EatingWell|
#alcohol#benefits#consumption
"Caffeine Consumption: Navigating Safe Intake and Surprising Sources"
health-and-wellness2 years ago

"Caffeine Consumption: Navigating Safe Intake and Surprising Sources"

A nutrition expert suggests that for most people, consuming about 100 mg of caffeine per serving is generally fine, as our bodies have a natural ability to signal when we've had enough. While healthy adults can typically handle around 400 mg of caffeine daily, some individuals may tolerate more. However, highly caffeinated products like Panera's Charged Lemonade can pose dangers due to their unexpected caffeine content and the potential for rapid consumption. Caffeine overdose is rare but can be fatal, so clear labeling and mindful consumption are crucial.

via The Takeout|
#caffeine#coffee#consumption
China's Lunar New Year Travel Spending Surpasses Pre-COVID Levels, Signaling Consumption Revival
businesseconomy2 years ago

China's Lunar New Year Travel Spending Surpasses Pre-COVID Levels, Signaling Consumption Revival

China's Lunar New Year holiday saw a surge in travel activity and spending, with 474 million domestic trips and 632.7 billion yuan ($87.95 billion) spent, surpassing pre-pandemic levels. This signals a potential revival in consumption in the world's second-largest economy. However, analysts caution that the strong data may reflect pent-up demand and a low base from the previous year, and the sustainability of the travel bump remains uncertain. Policymakers in China have been working to boost domestic consumption amid deflationary pressures, and market participants are watching for potential stimulus measures to support the economy and spending.

via CNBC|
#businesseconomy#china#consumption