Despite past trends, US consumers are spending at record levels. Economists are mystified – and struggling to forecast an end point.
Throughout a period of sky-high interest rates, depleted savings and grinding inflation, Americans have spent with abandon.
On Black Friday, sales at...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.