Consumer spending lagged behind income growth for a second month in February, showing American households were taking a breather after a late-2017 surge. Inflation, meanwhile, ticked up.
March 29, 2018consumer News Updates
Consumer Confidence Eases for First Time This Year
U.S. consumer confidence declined in March for the first time this year on tempered optimism about the outlook for the economy, according to figures March 27 from the New York-based Conference Board.
March 27, 2018Americans’ Economic Expectations Match Strongest Since 2002
Americans’ outlook for the economy climbed in March for a third straight month to match the highest level since 2002, data from the Bloomberg Consumer Comfort Index showed March 22.
March 22, 2018Retail Sales Unexpectedly Fall for Third Straight Month
U.S. retail sales unexpectedly fell in February for a third month, adding to signs that consumer spending will cool this quarter from the previous period’s hot pace, according to Commerce Department figures released March 14.
March 14, 2018Consumer Comfort Hovers Near Highest Level in 17 Years
Americans’ sentiment remained close to a 17-year high on rosier views of personal finances and the buying climate, as workers enjoy more take-home pay after the recent tax-cut legislation, according to the weekly Bloomberg Consumer Comfort Index released March 1.
March 1, 2018Consumer Confidence Is at 17-Year High
U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects grew and Americans began seeing additional money in their paychecks from recently enacted tax cuts, data from the New York-based Conference Board showed Feb. 27.
February 27, 2018Americans’ Economic Expectations Reach Second-Highest Since 2002
Americans’ outlook for the U.S. economy improved in February to the second-highest level since March 2002, indicating lower taxes are resonating, the Bloomberg Consumer Comfort Index showed Feb. 21.
February 21, 2018Consumer Sentiment Jumps After Tax Cuts Blunt Stock Gyrations
U.S. consumer sentiment unexpectedly rose in February to the second-highest level since 2004 as tax cuts and a strong job market helped Americans shrug off stock-market volatility, a University of Michigan survey showed Feb. 16.
February 16, 2018Consumer Comfort Jumps Despite Stock-Market Turbulence
U.S. consumer sentiment jumped last week to the highest level since February 2001, indicating Americans were shaking off turbulence in the stock market, according to the Bloomberg Consumer Comfort Index.
February 14, 2018Consumer Prices Top Forecasts, Sending Markets Tumbling
U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades. The report sent Treasuries and stocks tumbling, as it added to concerns about an inflation pickup that have roiled financial markets this month.
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