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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 ...
Did Americans blow their holiday budgets in 2024? Early reports suggest, however, that many Americans busted their holiday budgets in 2024. Total holiday spending surged from $222 billion in 2023 ...
Spending is, however, seen cooling off in early 2024 as excess savings accumulated during the pandemic st US consumer spending exits third quarter on strong note; monthly core inflation rises Skip ...
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 ...
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 ...
New data from Mastercard indicates that a strong job market helped consumer spending during the holiday season.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no hurry to resume cutting ...
A survey from the University of Michigan on Friday showed its consumer sentiment index dropped to a 15-month low of 64.7 in February from a final reading of 71.7 in January. That was lower than ...