Learn how the income effect and the substitution effect shape both consumer decisions and demand as incomes and product prices change.

RBC Capital Markets analysts say they are already seeing a growing split between how lower-income and higher-income American shoppers spend on consumer goods in 2022 as inflation and gas prices take a ...

Discover the income effect and price effect differences to better understand demand changes in economics. Learn how these concepts affect financial analysis.

The latest round of earnings reports shows some companies struggling as consumers grow more selective with their spending. Higher prices and interest rates are still lingering, putting pressure on ...

Not adjusted for inflation, consumer spending jumped by 0.5% in November from October and by 5.4% from a year ago, according to the Bureau of Economic Analysis. The month-to-month inflation-adjusted ...

Investigation finds Kroger uses customer data to estimate income and target discounts—sometimes inaccurately. Shoppers with lower predicted income or education may receive fewer deals, while personal ...

It's been 30 years since the cost of food ate up this much of your income, according to the U.S. Labor Department. American consumers are now spending 11.3% of their disposable income on food.

Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spending also dipped, with personal consumption ...

Consumer income growth should help the U.S. economy to avoid recession, J.P. Morgan said in its midyear economic outlook. "Our 2025 year-ahead outlook built off two propositions: momentum in the ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...