Consumer Spending Contribution to U.S. GDP

Consumer Spending Contribution to U.S. GDP Consumer spending, which accounts for about 70% of the U.S. economy, is driving GDP growth solo. Image: Oxford Economics

U.S. Consumer Spending and Nonfarm Payroll Growth

U.S. Consumer Spending and Nonfarm Payroll Growth U.S. consumers may spend less going forward. Slower job growth usually leads to a slowdown in consumer spending. Image: BofA Merrill Lynch Global Research

Fed Rate Cuts Boost Consumer Spending

Fed Rate Cuts Boost Consumer Spending The chart shows real PCE around first Fed rate cut: recession vs. no recession. Fed rate cuts are more effective during a recession. Image: Ned Davis Research