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U.S. CONSUMER SPENDING declined a record 13.6% in April. / AP FILE PHOTO/JEFF ROBERSON

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 declined 7.5% in March, the sharpest drop on record. / AP FILE PHOTO/MARK HUMPHREY

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...
RECENT ECONOMIC reports have shown potential for a weakening of U.S. consumer spending. / BLOOMBERG NEWS FILE PHOTO

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...
PER CAPITA consumer spending on goods and services in Rhode Island was $45,144 in 2018. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST

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. 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...

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