Tag: consumer spending
U.S. consumers gaining confidence as gas prices keep falling
WASHINGTON (AP) – U.S. consumers grew more confident for the second month in a row as gas prices continued to fall.
The Conference Board said...
U.S. hiring slowed in August as employers add 315,000 jobs
WASHINGTON (AP) – America's employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer spending, all...
A key U.S. inflation gauge reaches 6.8% as prices keep surging
WASHINGTON (AP) – An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest...
Key inflation gauge tracked by the Fed remains a high 6.3%
WASHINGTON (AP) – A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged...
U.S. economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) – The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a...
U.S. added 678,000 jobs in February in sign of economic health
WASHINGTON (AP) – U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy's solid health as the omicron wave...
U.S. slightly revises up its GDP estimate for Q4 to 7%
WASHINGTON (AP) – The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday...
U.S. consumer spending up a modest 0.6% with inflation high
WASHINGTON (AP) – American consumers slowed their spending to a gain of just 0.6% in September, a cautionary sign for an economy that remains...
May consumer spending flat; incomes fall and prices jump
WASHINGTON (AP) – Consumer spending was flat in May with incomes dropping for a second month as the impact of the government's pandemic stimulus...
U.S. consumers rebound to boost spending 2.4% as income jumps
WASHINGTON (AP) – Bouncing back from months of retrenchment, America's consumers stepped up their spending by a solid 2.4% in January in a sign...
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