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GDP growth eased to 2.3 percent for the first quarter, drawn down by a slowdown in consumer spending growth. / BLOOMBERG FILE PHOTO/SCOTT MCINTYRE

U.S. growth cools to 2.3% as gains in consumer spending ease

NEW YORK - United States economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business...
U.S. PURCHASES ROSE 0.2 percent in February. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

U.S. consumer spending gain lags behind income for second month

NEW YORK - Consumer spending lagged behind income growth for a second month in February, showing American households were taking a breather after a late-2017...
UNITE STATES GDP grew at 2.9 percent in the fourth quarter of 2017 while consumer spending rose 4 percent. / BLOOMBERG

U.S. economic growth revised higher on spending, inventories

NEW YORK - The U.S. economy grew in the fourth quarter at a faster pace than last estimated, helped by an upward revision to...
SHOPPERS LOOK at necklaces displayed by a vendor along South Congress Avenue in Austin, Texas, last year. U.S. consumer spending stalled in March while inflation slowed to below the Federal Reserve’s target, Commerce Department figures showed Monday. /BLOOMBERG NEWS PHOTO/ MATTHEW BUSCH

Consumer spending in U.S. stalled in March for second month

WASHINGTON - U.S. consumer spending stalled in March while inflation slowed to below the Federal Reserve’s target, showing the biggest part of the economy...
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