The Conference Board’s May 2026 survey found consumers are specifically reducing expenditure on clothing footwear hobby items and games as inflation persists.
Tag: Economy
80 Percent of UK Firms Affected or Expecting Impact from Middle East Conflict: BCC
The British Chambers of Commerce said four in five of the 800 UK firms it surveyed are already affected or anticipate disruptions from the Middle East conflict.
Bank Lending to UK Non-Financial Businesses Falls to Lowest Level in 30 Years
UK bank credit to non-financial businesses dropped to 59% of GDP in Q3 2025 the lowest ratio in nearly three decades according to new data.
First Quarter GDP Second Estimate and PCE Inflation Data Due Thursday
Key macroeconomic data releases are expected to confirm whether the US economy slowed in Q1 2026.
How India’s Economy Is Being Hit by the Iran War: What Ordinary Indians Need to Know
A blog post explains the connection between the US-Iran conflict high global oil prices and the impact on Indian fuel costs gold prices and the value of the rupee.
Trump Falsely Claims Economy Was Booming Before Iran War Despite Slow Q4 2025 Data
Fact-checkers found Trump’s claims that the economy was performing at record levels before the Iran war do not match official GDP and inflation data from Q4 2025.
Jobless Claims Remain Near Multi-Decade Low at 210000 Signaling No Imminent Recession
US initial unemployment claims stayed near historically low levels projecting unemployment falling toward 4 percent
Syria’s New Government Faces Economic Challenges as Post-Conflict Reconstruction Begins
Syria’s transitional authorities struggled with rebuilding infrastructure and economy after years of conflict