U.S. consumer spending rose more than forecast in November and the prior month was revised higher, a sign the biggest part of the economy is again poised to drive growth this quarter. An underlying inflation gauge watched by the Federal Reserve showed a slight pickup.
December 21, 2018consumer spending News Updates
Consumer Spending Rises 0.6% in October
WASHINGTON — Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth.
November 29, 2018Retail Sales Gain Weak 0.1% in September
WASHINGTON — U.S. consumer spending edged up a slight 0.1% in September, a disappointing performance in which rebounding auto sales were offset by weakness in other areas.
October 15, 2018Four Reasons Why Shoppers Are in the Mood to Spend
NEW YORK — The store isn’t dead for °®¶¹´«Ã½ Depot, Kohl’s, Best Buy or Target. Many traditional chains have posted strong sales, both online and at stores, as people are in a mood to spend.
August 29, 2018US Consumer Spending Surged 1% in September
WASHINGTON — Consumers boosted their spending by 1% in September, the biggest monthly gain in eight years. The surge was led by strong sales of autos and other durable goods.
October 30, 2017Americans’ Spending Barely Grew in June as Incomes Stagnated
Consumer spending lost momentum in June and a drop in dividend payments caused incomes to stagnate, signaling the U.S. economy may get less help from households this quarter, Commerce Department figures showed Aug. 1.
August 1, 2017Consumer Goods, Housing Stable, Expected to Expand in Economy, Analysts Predict at Seminar
The consumer goods and housing sectors of the U.S. economy are on stable footing and should continue to expand moderately through at least 2018, as long as the nation can avoid self-manufactured traps, according to panelists at a trucking industry seminar on the economy.
July 20, 2017Second Straight Drop in Retail Sales Shows Tepid Spending
Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.
July 14, 2017Tepid Consumer Spending Keeps Economic Rebound On Track
The tepid pace of U.S. consumer spending in May was nevertheless enough to keep the economy on track for a rebound in the second quarter, helped by income gains.
June 30, 2017Trending
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