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  2. US economy grows at 2.8% pace in third quarter on consumer ...

    www.aol.com/us-economy-grows-2-8-133916189.html

    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 ...

  3. Key US inflation measure posts largest monthly gain since ...

    www.aol.com/us-inflation-rise-december-consumer...

    Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to ...

  4. The Average American is Spending $253 A Month More on ... - AOL

    www.aol.com/average-american-spending-253-month...

    This week's Consumer Price Index report from the U.S. Department of Labor showed a continued easing in the inflation rate, with overall inflation in March 2023 rising only 5% from the previous ...

  5. 2023 consumer debt levels grew, but not as severely as in ...

    www.aol.com/2023-consumer-debt-levels-grew...

    U.S. consumer debt snapshot. Average loan balances grew for most types of consumer debt in 2023. Credit cards—the debt products with the highest average interest rates for consumers—grew the most.

  6. US consumer spending exits third quarter on strong note ... - AOL

    www.aol.com/news/us-consumer-spending-beats...

    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 ...

  7. US inflation increases in December; consumer spending robust

    www.aol.com/us-inflation-rise-december-consumer...

    Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to ...

  8. Inflation and consumer spending updates ahead: What to ... - AOL

    www.aol.com/finance/inflation-consumer-spending...

    Earnings update. With 92% of the S&P 500 done reporting first quarter earnings, the index is pacing for its highest year-over-year earnings growth since the second quarter of 2022.

  9. Strong wage growth gave Americans a $1,000 spending boost in 2023

    www.aol.com/finance/strong-wage-growth-gave...

    That income growth brought along increasing consumer purchasing power. In 2023, the median American worker can afford the same goods and services they did in 2019 — and still would have $1,000 left.

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