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Tag Archives: consumer confidence

Shoppers cautiously pushed up spending in May

NEW YORK — Americans are spending, but they may not be for long. Some major retailers such as Target and Macy’s on Thursday posted May sales increases that beat Wall Street estimates as shoppers were lured in by Mother’s Day ...

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Filings for unemployment aid at a 5-week high

WASHINGTON — The number of Americans seeking unemployment benefits rose last week to a five-week high, evidence that the job market remains sluggish. The Labor Department said Thursday that weekly applications for unemployment aid rose 10,000 to a seasonally adjusted ...

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Consumer confidence in the economy plunged in May

NEW YORK — Americans grew much gloomier about the economy in May, causing a critical measure of consumer confidence to suffer its biggest decline in eight months and ending a period of steady optimism. Worries about jobs, housing and the ...

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Americans spending a bit more as gas prices fall

WASHINGTON (AP) — Americans are starting to see some relief from higher gas prices, a change that could revive the economy in the months ahead. Consumer prices were flat in April, largely because of a decline in gas prices. Lower ...

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Consumer spending up 0.8 percent, but income lags

WASHINGTON — U.S. consumers boosted their spending in February by the most in seven months. But Americans’ income barely grew, and the saving rate fell to its lowest point in more than two years. The Commerce Department said Friday that ...

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U.S. consumer confidence is roughly flat in March

NEW YORK — Americans’ rosy outlook about the U.S. economy remains resilient as they focus on the good in the barrage of conflicting economic news. A widely watched barometer of consumer confidence barely budged in March after last month hitting ...

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Consumer confidence up in February to highest level in a year

NEW YORK — Americans are feeling better about the economy again, but will it last this time? A widely watched barometer of consumer confidence surged in February to its highest level in a year as Americans took note of improving ...

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Retailers post mixed sales results for January

NEW YORK — Retailers reported mixed sales results for January in a sign that American shoppers are continuing to be cautious about when and where they spend their money in the shaky economy. Of the 12 merchants reporting monthly sales ...

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Consumer confidence falls in January

NEW YORK — It looks like Americans are starting to doubt that the economy in 2012 will be that much better than it was last year. Consumer confidence fell in January after two straight months of big gains as Americans ...

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