Tag: consumer spending
Inflation cooled slightly in December though it remains above Fed’s target
WASHINGTON (AP) – Inflation cooled a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly...
More thrifting and fewer returns, the early trends that defined shopping...
NEW YORK (AP) – The shopping rush leading up to Christmas is over and in its place, like every year, another has begun as...
U.S. economy expands at a surprisingly strong 4.3% annual rate in...
WASHINGTON (AP) – The U.S. economy expanded at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two...
Consumer confidence dips modestly in October
WASHINGTON (AP) – Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.
The Conference Board said Tuesday that its...
Fed’s favored inflation gauge accelerates slightly in August
WASHINGTON (AP) – The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
The Commerce Department reported Friday that its personal...
U.S. inflation worsened last month as the cost of gas, food...
WASHINGTON (AP) – Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes...
Key U.S. inflation gauge holds mostly steady though core inflation ticks...
WASHINGTON (AP) – The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of...
U.S. economy grew stronger in second quarter than initially thought
WASHINGTON (AP) – The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars.
In an upgrade from its first...
Retail sales rise a solid 0.5% in July as shoppers appear...
NEW YORK (AP) – Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald...
U.S. economy rebounds a surprisingly strong 3% in the second quarter
WASHINGTON (AP) – The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a...
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