Tag: consumer spending
U.S. consumer spending sinks by record 13.6% in face of virus
WASHINGTON (AP) – United States consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs...
U.S. consumer spending plunges record 7.5%, reflecting virus
WASHINGTON (AP) – United States consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home...
Consumer spending edges up slight 0.2% in Feb. but declines expected...
WASHINGTON (AP) – Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in...
No one gets rich by shunning new cars and lattes
Managing your financial life requires following three rules: No. 1. Spend less than you earn. No. 2. Prioritize investing for your future. No. 3. Figure out what...
U.S. consumer spending, jobless claims suggest some caution
WASHINGTON – United States consumer spending trailed forecasts in September while weekly applications for unemployment benefits rose more than projected, offering a note of...
Report: R.I. per capita consumer spending was $45,144 in 2018
PROVIDENCE – Personal consumption expenditures in Rhode Island increased 4.4% in 2018 to $47.7 billion, according to the Bureau of Economic Analysis Thursday. Personal consumption...
U.S. economy cools on consumer spending, equipment orders
WASHINGTON – The United States economy cooled in August as Americans spent less than projected and companies cut capital-equipment orders, with below-forecast prices and...
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...
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...
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...
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