Consumer Spending – SRK Analytics

U.S. Economic Growth Decelerates to 1.5 Percent in Second Quarter

The United States economy experienced a significant cooling period during the second quarter, according to the latest data released by the Bureau of Economic Analysis. Gross Domestic Product (GDP) grew…

Prasenjit Bhowmik July 31, 2026

Market

American Express Shares Fall as Rising Operational Expenses Eclipse Revenue and Spending Growth

American Express Company saw its shares drop significantly during Friday trading in New York, as investor anxiety over rising operational costs eclipsed a stellar quarterly performance highlighted by a 10%…

Prasenjit Bhowmik July 25, 2026

Economy

Albertsons Cuts Guidance as Cautious Shoppers Pull Back on Grocery Spending

Boise-based supermarket giant Albertsons Companies lowered its fiscal 2026 sales and earnings forecasts on Thursday, warning that weakening consumer demand and reduced shopping volumes severely impacted its first-quarter financial performance.…

Prasenjit Bhowmik July 25, 2026

Economy

High Prices Here to Stay Until 2028 as Inflation and Supply Chain Shocks Persist, Top Economist Warns

American consumers hoping for a swift end to years of inflationary pressures face a prolonged wait, as corporate supply chain strains and global trade disruptions are projected to keep everyday…

Prasenjit Bhowmik July 24, 2026

Economy

World Cup Drives U.S. Consumer Spending to Four-Year High in June, Bank of America Data Shows

Discover how the 2026 FIFA World Cup boosted US consumer spending to a four-year high as soccer fans energized local businesses.

Prasenjit Bhowmik July 24, 2026

Economy

Grocery Inflation Forces One in Four Working-Age Americans into Credit Card Debt, Study Finds

A new study reveals grocery inflation has forced over 25 percent of working Americans into credit card debt just to afford everyday food.

Prasenjit Bhowmik July 24, 2026

Emerging Market

Albertsons Stock Drops as Softening Grocery Spending Forces Guidance Cut

Albertsons stock plunges as inflation forces cash-strapped shoppers to cut back on groceries, triggering a lowered full-year financial forecast.

Prasenjit Bhowmik July 24, 2026

Economy

Economic Boost for U.S. Host Cities as World Cup Tourism Outperforms Expectations

US host cities see a massive economic surge as World Cup tourism beats expectations, filling hotels and boosting local businesses nationwide.

Prasenjit Bhowmik July 20, 2026

Economy

World Cup Sparks Strongest U.S. Consumer Spending Growth in Four Years

The FIFA World Cup triggered the biggest US consumer spending surge in four years as fans boosted local economies and discretionary retail.

Prasenjit Bhowmik July 19, 2026

Economy

China’s Economy Cools to 4.3% in Q2 as Domestic Slump Offsets Export Surge

BEIJING — China's economic growth slowed more than anticipated in the second quarter of the year, expanding by 4.3% as a persistent domestic downturn overshadowed a significant surge in exports.…

Prasenjit Bhowmik July 15, 2026