U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

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WASHINGTON — U.S. consumer spending surged 0.9% in March, the biggest gain in nearly a decade, as inflation pressures remain non-existent.

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WASHINGTON — The Federal Reserve says the U.S. economy grew at a modest pace this fall, lifted by higher consumer spending and more home sales and construction. The Fed said Wednesday in its latest snapshot of the economy that nine ...

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WASHINGTON — The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds. The economy as measured ...

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Consumer spending in Maryland rose slowly but steadily in the years after the Great Recession, according to a report released by the federal government on Thursday.

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Consumers increased their borrowing at a slower pace in May compared to the prior month.

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Americans increased their spending at a solid pace for the second straight month in December even though their income was flat.

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WASHINGTON — U.S consumer prices barely rose last month, the latest sign that slow economic growth is keeping inflation tame. The consumer price index increased just 0.1 percent in August, the Labor Department said Tuesday, after a 0.2 percent increase ...

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WASHINGTON — Americans boosted their spending at retail businesses only modestly in August, indicating that economic growth remains sluggish. Consumers bought more cars, furniture and electronics last month but held back on most other purchases. Spending at retail businesses rose ...

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WASHINGTON — Economic growth held steady across the United States from July through late August, as Americans bought more cars and homes and auto factories added workers. A Federal Reserve survey released Wednesday showed that all 12 of the Fed’s ...

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