The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends. December's personal income grew 0.4% MoM, while ...
August personal income rose 0.4% MoM, driven by service sector wages and transfer payments, but real income growth excluding transfers remains sluggish. Personal consumption expenditures outpaced ...
Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...
Eight cities in the United States have implemented taxes on sugar-sweetened beverages, which contribute to health issues including obesity and Type 2 diabetes. New research from the University of ...
Citations: Baker, Scott, Constantine Yannelis, Michaela Pagel, RA Farrokhnia, Steffen Meyer. 2023. Income, Liquidity, and the Consumption Response to the 2020 ...
The Nabard survey, titled ‘Rural Economic Conditions and Sentiments’, has stated that the percentage of households reporting increased consumption fell to lowest level at 73%, “pointing to likely ...
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