Bloomberg Television
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Can US Consumers Maintain the Momentum? | Presented by CME Group
Posted
January 22, 2025
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as posted by the channelThe underlying strength or weakness of the US economy ultimately boils down to a single factor the attitude of the US consumer. And in 2024 consumers did not disappoint, with retail sales growth of 3.0% helping to drive US GDP upward by an estimated 2.7%, a stellar result compared to other advanced economies such as Japan (+1.2%) and the EU (+0.9%). But with inflation concerns resurfacing and savings rates plummeting, can US consumers maintain the momentum? Presented by @cmegroup
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