Consumer spending

US consumer spending slowed in January while incomes jumped

WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy w...
13:54 28 February 2022

US consumer confidence rises slightly to 130.7 in February

WASHINGTON (AP) — U.S. consumer confidence improved slightly in February, rising to a reading of 130.7, the highest poin...
15:32 25 February 2022

Japanese economy sinks amid fears about virus impact

TOKYO — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending.
2:47 17 February 2022

US retail sales up a modest 0.3% in January

WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardwa...
15:14 14 February 2022

How’s the economy? Fed increasingly turns to private data

WASHINGTON — About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed...
17:29 5 February 2022

US consumer spending slows to 0.3% gain in December

WASHINGTON — U.S. consumer spending slowed in December as Americans spent more on prescription drugs and health care services but those gains did not ...
13:43 31 January 2022

US consumer spending up 0.4% in November, best since July

WASHINGTON — Americans increased their spending in November at the fastest pace in four months, and income growth rebounded to its strongest gain sinc...
15:52 20 December 2021

Hitting the plastic: US credit card use jumped in October

WASHINGTON — U.S. consumers ramped up their credit card spending in October.
22:15 6 December 2021

US economy grows at modest 1.9% rate in third quarter

WASHINGTON — The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim t...
12:51 30 October 2021