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U.S. consumer spending gain lags behind income for second month

NEW YORK - Consumer spending lagged behind income growth for a second month in February, showing American households were taking a breather after a late-2017...
UNITE STATES GDP grew at 2.9 percent in the fourth quarter of 2017 while consumer spending rose 4 percent. / BLOOMBERG

U.S. economic growth revised higher on spending, inventories

NEW YORK - The U.S. economy grew in the fourth quarter at a faster pace than last estimated, helped by an upward revision to...
ORDERS FOR U.S. BUSINESS EQUIPMENT declined for a second month in January, defying projections. / BLOOMBERG FILE PHOTO/SERGIO FLORES

Orders for U.S. business equipment unexpectedly fall in Jan.

NEW YORK - Orders for business equipment at United States factories unexpectedly fell for a second month, a sign that demand is cooling from...
CONSUMER SPENDING continued to rise in December. / BLOOMBERG

U.S. consumer spending rose in Dec., saving rate dipped

NEW YORK - U.S. consumer spending rose at a solid pace in December after an upwardly revised advance a month earlier as shoppers splurged...
U.S. GDP GROWTH for the third quarter was revised down 0.1 percentage point to 3.2 percent. / BLOOMBERG

U.S. third-quarter growth revised down to 3.2% pace from 3.3%

NEW YORK - The U.S. economy’s third-quarter growth was revised slightly downward on lower contributions from consumer spending and trade, though the pace remained...
UNITED STATES RETAIL SALES rose 0.8 perent in November, ahead of estimates. / BLOOMBERG FILE PHOTO/ARIANA LINDQUIST

U.S. retail sales jump more than forecast in broad advance

NEW YORK - United States retail sales rose more than forecast in November and the previous month was revised higher, indicating a broad strengthening...
U.S. GDP grew at the fastest rate in the third quarter in three years. / BLOOMBERG

U.S. third-quarter growth revised to three-year high of 3.3%

NEW YORK - The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses...
UNITED STATES second-quarter growth was revised upward to the fastest pace in two years according to U.S. Commerce Department estimates. /BLOOMBERG FILE PHOTO/MARCELO PEREZ DEL CARPIO

U.S. second-quarter growth revised to 3% in momentum boost

NEW YORK - United States second-quarter growth was revised upward to the fastest pace in two years on stronger household spending and a bigger...
ORDERS FOR BUSINESS EQUIPMENT under-performed in May, which may strain second quarter U.S. economy growth. / BLOOMBERG FILE PHOTO/TY WRIGHT

Slowdown in U.S. business-equipment orders may weigh on growth

NEW YORK - An unexpected decline in U.S. orders for business equipment in May indicates cooling capital-goods investment may weigh on second-quarter economic growth,...
U.S. INFLATION HAS SLOWED and is now expected to miss the Federal Reserve's year's end inflation target. The soft growth may prevent a second interest rate hike later this year. / BLOOMBERG / JOSHUA ROBERTS

As Fed readies rate rise, inflation slips further from goal

NEW YORK - The worst of the price war in the U.S. mobile-phone market may be over. But the lurch down in inflation it...
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