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The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell.
Tagged with: consumer spending inflation
Read More »Inflation and consumer spending cooled in December
Resilient consumers spend slightly more in August
Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation lifts prices.
Tagged with: consumer spending inflation
Read More »Consumer spending rebounds despite rising October inflation
Consumer spending rebounded by a solid 1.3% in October despite inflation that over the past year has accelerated faster than it has in decades.
Tagged with: consumer spending inflation
Read More »Defying inflation, Americans ramped up spending in October
Americans largely shrugged off higher prices in October and stepped up their spending at retail stores and online.
Tagged with: consumer spending Economy
Read More »Consumer spending up a modest 0.6% with inflation high
American consumers slowed their spending to a gain of just 0.6% in September, a cautionary sign amid a prolonged bout of high inflation.
Tagged with: consumer spending inflation prices
Read More »US economy slowed to a 2% rate last quarter, weakest growth in COVID recovery
Hampered by rising COVID-19 cases and persistent supply shortages, the U.S. economy slowed sharply to a 2% annual growth rate in the July-September period.
Tagged with: consumer prices consumer spending COVID-19 Economy
Read More »Consumer spending rebounded in August despite COVID
U.S. consumer spending accelerated in August amide a surge in COVID-19 cases, even as soaring demand and snarled supply chains kept inflation high.
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Read More »US consumer spending sinks by record 13.6% in face of virus
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.
Tagged with: consumer spending COVID-19
Read More »US consumer spending surges 0.9% in March
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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Read More »Fed says more consumer spending, housing boost U.S. growth
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 ...
Tagged with: construction consumer spending federal reserve
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