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Tag Archives: consumer spending

Consumers’ confidence down in June on job worries

NEW YORK — A private research group is reporting that U.S. consumers’ confidence declined to a seven-month low as job worries increased. The Conference Board’s Consumer Confidence Index slipped to 58.5 in June, down from a revised 61.7 in May. ...

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Consumer spending in May weakest in a year

WASHINGTON — For the first time in a year, Americans have stopped spending more. Consumer spending failed to budge from April to May, evidence that high gas prices and unemployment are squeezing household budgets. When adjusted for inflation, spending actually ...

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April consumer spending shows weak gain

WASHINGTON — Consumers spent more in April but much of the increase was eaten up by higher food and energy prices. After discounting for the jump in prices, spending barely budged and after-tax incomes were flat for a second straight ...

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Consumer spending increases 0.4 percent in March

WASHINGTON — Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas. Retail sales increased 0.4 percent last month, the Commerce Department said Wednesday. It was the ninth consecutive monthly gain. The increase ...

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