Tag: consumer spending
Consumer confidence dips modestly in October
WASHINGTON (AP) – Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.
The Conference Board said Tuesday that its...
Fed’s favored inflation gauge accelerates slightly in August
WASHINGTON (AP) – The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
The Commerce Department reported Friday that its personal...
U.S. inflation worsened last month as the cost of gas, food...
WASHINGTON (AP) – Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes...
Key U.S. inflation gauge holds mostly steady though core inflation ticks...
WASHINGTON (AP) – The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of...
U.S. economy grew stronger in second quarter than initially thought
WASHINGTON (AP) – The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars.
In an upgrade from its first...
Retail sales rise a solid 0.5% in July as shoppers appear...
NEW YORK (AP) – Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald...
U.S. economy rebounds a surprisingly strong 3% in the second quarter
WASHINGTON (AP) – The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a...
Key inflation gauge rose last month while Americans cut back on...
WASHINGTON (AP) – A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut...
U.S. economy shrank 0.5% between January and March
WASHINGTON (AP) – The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's trade wars disrupted business, the Commerce...
Inflation rose slightly last month as grocery prices ticked higher
WASHINGTON (AP) – U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.
Consumer prices increased 2.4%...
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