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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. CONSUMER SPENDING increased by 2.4% in January. /AP FILE PHOTO/MARK LENNIHAN

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...
U.S. CONSUMER SPENDING increased 1.9% in July, according to The Conference Board. / AP FILE PHOTO/COLLEEN MCGRATH/THE HERALD-MAIL

U.S. consumer spending rose a moderate 1.9% in July

WASHINGTON (AP) – United States consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from...
U.S. CONSUMER SPENDING increased 5.6% in June. / AP FILE PHOTO/DAMIAN DOVARGANES

U.S. consumer spending up 5.6%, but virus could stall gains

WASHINGTON (AP) – American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the...
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...
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