Consumer Spending

Black Friday officially kicked off the 2021 holiday shopping season during a time when the COVID-19 pandemic is affecting consumers' spending habits considerably, including Black buying power.

Blackout Day 2020 is a day when Black people are encouraged against spending any money to show just how much dollars from Black communities are worth to the nation's economy.

WASHINGTON — Consumer spending likely edged up slightly in August after posting a big jump in July that had eased fears that the United States might be flirting with another recession. The consensus forecast is that spending rose 0.2 percent and personal incomes gained a slight 0.1 percent in August. The new report will be […]