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A trove of monthly shopping data from the U.S. Census reveals the secret cycle of consumer spending in America: Every December, we spend money like it was going out of fashion. ... in the first ...
Consumers say they are stressed about money. But consumers are also spending money – in some cases in record numbers.. According to data from the U.S. Census Bureau, retail sales during the 2024 ...
Consumer spending surged at a 3.7% pace in the third quarter, the fastest in 1-1/2 years, helping to propel the economy to a 3.1% growth rate following a 3.0% pace of expansion in the April-June ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, accelerated 0.7% last month after an unrevised 0.4% rise in August, the Commerce Department's Bureau of ...
Consumer spending increased a robust 4.2% at an annual rate following a 3.7% rise in the third quarter. ... Since May 2023, average income gains have outpaced inflation, giving workers more buying ...
“There are a number of factors influencing how today’s consumer is shopping including inflation, the labor market, food and gas prices, and the path of interest rates,” said Steve Sadove ...
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists ...
Consumer spending, which accounts for about 70% of U.S. economic activity, accelerated to a 3.5% annual pace last quarter, up from 2.8% in the April-June period and fastest growth since the fourth ...
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