Tag: Consumer Behavior

U.S. Added 216,000 Jobs in December, Outpacing Forecasts

Hiring has throttled back from 2021 and 2022, but last year’s growth was still impressive by longer-term standards.

Holiday Spending Increased, Defying Fears of a Decline

While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.

Americans May Be Taking On Too Much Pay-Later ‘Phantom Debt’

Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.

What Social Trends Taught Us About the 2023 Economy

From girl dinners to ChatGPT, a look back at the trends that broke the internet and taught us about the American economy this year.