Tag: consumer spending
Federal Reserve’s preferred inflation gauge shows price pressures continuing to cool
WASHINGTON (AP) – The Federal Reserve's preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of...
U.S. economic growth for last quarter is revised up to a...
WASHINGTON (AP) – Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from...
Cyber Monday marks the year’s biggest online shopping day
Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday.
Even though e-commerce...
Retailers offer big deals for Black Friday but will shoppers spend?
NEW YORK (AP) – Stores stepped up discounts and other enticements on Black Friday to entice shoppers holding out for the best deals. But retailers...
U.S. consumer inflation eased in October as cheaper gas slowed overall...
WASHINGTON (AP) – Inflation in the United States slowed last month in a sign that the Federal Reserve's interest rate hikes are continuing to...
U.S. consumers feeling slightly less confident in October for 3rd straight...
WASHINGTON (AP) – American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated.
The Conference Board, a business...
U.S. consumers keep spending despite high prices and their own gloomy...
WASHINGTON (AP) – A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is...
Federal Reserve’s preferred inflation gauge shows still-persistent underlying price pressures
WASHINGTON (AP) – An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer...
U.S. inflation eased slightly last month as price increases extend slow...
WASHINGTON (AP) – Measures of U.S. inflation in September showed that the pace of price increases is still grinding lower, though at a slow...
U.S. government estimates economy grew last quarter at a 2.1% rate
WASHINGTON (AP) – The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of...
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