Tag: consumer spending
Holiday shoppers increased spending by 3.8% despite higher prices
Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to...
American consumers feeling less confident in December, Conference Board says
The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Analysts forecast a rise...
U.S. economy grows at 2.8% pace in third quarter on consumer...
WASHINGTON (AP) – The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in...
U.S. economy grew at a solid 2.8% pace last quarter on...
WASHINGTON (AP) – The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the...
Wealthier Americans are driving retail spending and powering U.S. economy
WASHINGTON (AP) – It's a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores...
U.S. shoppers spent more at retailers last month in latest sign...
WASHINGTON (AP) – Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values...
Fed’s favored inflation gauge shows cooling price pressures, clearing way for...
WASHINGTON (AP) – The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected...
U.S. economy grew at a solid 3% rate last quarter, government...
WASHINGTON (AP) – The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the...
American consumers are feeling less confident as concerns about jobs take...
WASHINGTON (AP) – American consumers are feeling less confident this month as concerns about jobs rose significantly.
The Conference Board, a business research group, said Tuesday that...
U.S. economic growth for last quarter is revised up to a...
WASHINGTON (AP) – The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government...
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