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The Commerce Department released its latest consumer spending report Friday, showing gains in auto sales, electronics, and restaurants and bars. Consumer spending is still robust, even as broader ...
The report from the Commerce Department on Friday showed moderate monthly rises in prices, with a measure of underlying inflation posting its smallest gain in six months. ... -U.S. consumer ...
Consumer spending shot up 0.7% from November, exceeding economists’ expectations for a 0.5% gain. ... The saving rate dropped to 3.8% from 4.1% in November, according to Friday’s report.
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 ...
A report Friday showed that while inflation-adjusted income fell last month along with the savings rate, consumers still ramped up their spending. That trend, economists say, is unsustainable ...
Specialty stores and auto dealers were hit hardest, with spending falling 4.6% and 3%, respectively. US stocks were mostly flat Friday morning at market open, with all three major indexes up just ...
Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy's steady growth. Retail sales rose 0.4% from September to ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.2% last month after an unrevised 0.5% gain in July, the Commerce Department's Bureau of Economic ...
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related to: consumer spending report on friday