Tag: consumer spending
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. 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...
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...
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...
U.S. consumer spending misses forecasts as prices ease
NEW YORK - United States consumer spending in January was short of projections while inflation eased, an early read on the economy in the...
U.S. consumer spending picks up; Inflation below forecast
NEW YORK - Americans’ spending rose by more than forecast in October, giving the biggest part of the economy a solid start to the quarter,...
U.S. consumer spending cools; inflation stays near Fed goal
WASHINGTON – U.S. consumer spending rose in August at the slowest pace in six months, moderating from more robust readings on the biggest part of...
U.S. consumer spending, inflation rose in July; Incomes cooled
NEW YORK - United States consumer spending extended gains into July and inflation rose to a six-year high, reflecting economic strength that should keep...
U.S. consumer spending stayed solid in June
WASHINGTON – U.S. consumer spending posted a fourth consecutive solid advance in June, fueled by steady income growth and underscoring strength in the biggest...
U.S. March consumer spending picks up; inflation hits Fed goal
NEW YORK - United States consumer spending picked up in March while the Federal Reserve’s preferred inflation gauge hit the central bank’s 2 percent...