Post-pandemic trends and tariff uncertainty point to worrisome outlook for consumer debt

Post-pandemic trends and tariff uncertainty point to worrisome outlook for consumer debt

When it comes to the U.S. economy, in recent decades an idiom has emerged: Consumer spending is the backbone of the economy.

Making the purchase is now 33.9% more expensive than five years ago, when supermarkets experienced an avalanche of citizens who already glimpsed the containment resulting from the pandemic and who turned toilet paper into a symbol of the gathering.At this time, the situation has taken a turn towards a consumer who is committed to controlling their expenses.The way of doing the purchase was transformed with the pandemic: visits to the shops were …

Staff/RG Specialists in the agricultural, agro-industrial and maquila sectors analyze the economic impact of a 25 percent tariff approval by the Donald Trump administration. A butterfly effect that can affect the entire production chain and the national economic system is what is feared by entrepreneurs of different branches in the face of the threat by President Donald Trump to impose 25 percent tariffs on all Mexican exports to the United Stat…

Uncertainty about tariffs and inflation could influence retail sales

Ground beef, chicken and lamb all had double-digit gains year over year in February.