Tag: consumer spending
U.S. economy returned to growth last quarter, expanding 2.6%
WASHINGTON (AP) – The U.S. economy grew at a better-than-expected 2.6% annual rate from July through September, snapping two straight quarters of economic contraction...
Resilient U.S. consumers spend slightly more in August
WASHINGTON (AP) – Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation...
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...
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