Consumer spending drives nearly 70% of the U.S. economy. But what do these statistics mean? What are the current consumer trends and habits?
In June, durable goods orders rose .7%. This leading indicator measures demand for military equipment, commercial airplanes and business machinery.
Retailing is how producers of goods and services get their products to consumers.
The inflation rate was .3% in June. The core inflation rate was 1.9% year-over-year, just under the Fed's target.
Manufacturing jobs create new products from raw materials. They pay well, but are disappearing thanks to robotics.
Jobs outsourcing is how U.S. companies hire lower-paid workers in emerging markets instead of Americans.Here's the different types of outsourcing, and their impact.
U.S. income inequality has worsened significantly in the past 30 years. What is the cause, what can be done about it, and how does it affect you?
The average U.S. income is worse today than in 2000.Levels are falling because the government has focused on debt reduction instead of job creation.
High gas prices are caused by futures investments, not supply and demand. Find out why prices are high, and why they rose from 2008 to the present.
Capital goods are the machinery, equipment and buildings used by businesses to create supply. Find examples and how it differs from consumer goods.