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U.S. CONSUMER SPENDING in the first quarter grew at a 0.9% annual pace, revised down 1.3%. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

U.S. first-quarter consumer spending revised down to 0.9% gain

WASHINGTON – United States consumer spending in the first quarter was even weaker than previously reported on lower outlays for services while business investment...
UNITED STATES purchases increased 0.9 percent in March. / BLOOMBERG FILE PHOTO/ARIANA LINDQUIST

U.S. March consumer spending picks up as core inflation cools

NEW YORK - United States consumer spending rebounded in March while the Federal Reserve's preferred underlying inflation gauge eased to a one-year low, reinforcing...
RETAIL SALES IN MARCH in the United States exceeded expectations, including motor vehicle sales, while filings for unemployment benefits hit their lowest level in 49 years. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. retail sales grow most since 2017 on autos, gasoline

WASHINGTON – U.S. retail sales grew by the most since September 2017 as gains in motor vehicles and gasoline stations boosted sales, signaling consumers...
AMERICAN CONSUMER SPENDING in January rose 0.1 percent from the prior month after a downwardly revised 0.6 percent drop, according to the Commerce Department. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending misses forecasts as prices ease

NEW YORK - United States consumer spending in January was short of projections while inflation eased, an early read on the economy in the...
CONSUMER PURCHASES rose 0.6 percent in October after a downwardly revised 0.2 percent advance, according to Commerce Department data. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending picks up; Inflation below forecast

NEW YORK - Americans’ spending rose by more than forecast in October, giving the biggest part of the economy a solid start to the quarter,...
U.S. CONSUMER SPENDING rose at its slowest pace in six months in August, while inflation remained muted, although this New Orleans ice cream shop seemed to be doing well in June. / BLOOMBERG NEWS FILE PHOTO/AKASHA RABUT

U.S. consumer spending cools; inflation stays near Fed goal

WASHINGTON – U.S. consumer spending rose in August at the slowest pace in six months, moderating from more robust readings on the biggest part of...
UNITED STATES purchases, which account for about 70 percent of the economy, rose 0.4 percent from the prior month for the second straight time, while incomes advanced 0.3 percent, less than projected. / BLOOMBERG NEWS

U.S. consumer spending, inflation rose in July; Incomes cooled

NEW YORK - United States consumer spending extended gains into July and inflation rose to a six-year high, reflecting economic strength that should keep...
AMERICAN CONSUMER SPENDING increased for a fourth consecutive month in June, accompanied by a continued increase in inflation, according to the Commerce Department. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending stayed solid in June

WASHINGTON – U.S. consumer spending posted a fourth consecutive solid advance in June, fueled by steady income growth and underscoring strength in the biggest...
U.S. PURCHASES rose 0.4 percent month to month in March while price gauge linked to consumption rose 2 percent year over year. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

U.S. March consumer spending picks up; inflation hits Fed goal

NEW YORK - United States consumer spending picked up in March while the Federal Reserve’s preferred inflation gauge hit the central bank’s 2 percent...
GDP growth eased to 2.3 percent for the first quarter, drawn down by a slowdown in consumer spending growth. / BLOOMBERG FILE PHOTO/SCOTT MCINTYRE

U.S. growth cools to 2.3% as gains in consumer spending ease

NEW YORK - United States economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business...
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