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consumer spending

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite...

Chinese food delivery industry faces downturn, workers’ earnings drop by 1,000 yuan

China's food delivery industry is experiencing a downturn after significant growth during the Covid-19 pandemic. Delivery workers' earnings have dropped by...

Despite Rising Inflation, Americans Keep Spending

Statista says with inflation continuing its stubborn advance, Americans keep on spending.  Citing Census data, today’s graphic illustrates this quite nicely by showing...

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