Many economists expect inflation to remain near the current high level a few more months but to then moderate through 2022 for a variety of reasons.

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U.S. consumer confidence fell to a nine-month low in November, clipped by rising prices and concern about the coronavirus.

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Even as the pandemic has dragged on, U.S. households flush with cash from stimulus checks, booming stock markets and enlarged home equity have felt like spending freely again — a lot.

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Americans continued to spend at a brisk pace in August in the face of rising COVID-19 infections, though much of it was done online.

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Sen. Joe Manchin said Congress should take a “strategic pause” on more spending, warning that he does not support President Joe Biden's $3.5 trillion package.

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Growth in U.S. consumer spending slowed in July to a modest increase of 0.3% while inflation over the past 12 months hit its fastest pace in three decades.

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Americans cut back on their spending last month as a surge in COVID-19 cases kept people away from stores.

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Senate Democrats unveiled a budget resolution Monday that maps $3.5 trillion in spending boosts and tax breaks aimed at strengthening social and environmental programs.

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Consumers increased their spending by 1% in June, as the economy rebounds from the recession but is facing risks from the delta variant of the coronavirus.

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Prices for U.S. consumers jumped in June by the most in 13 years.

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