Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: consumer spending

Economy grows at 3.1 percent rate at end of 2010

WASHINGTON — The U.S. economy grew a little faster at the end of 2010 than the government had previously estimated, boosted by more inventory building and business investment in plants and equipment. But rising oil prices will likely limit growth ...

Read More »

Shoppers shook off snow, retailers gained in January

NEW YORK — Retailers reported surprisingly solid January revenue gains Thursday that swept away fears that snowstorms in much of the country had chilled sales. The reports, which are being compared with a respectable January 2010, offer encouraging signs that ...

Read More »

Consumer spending up 0.7 percent in December

WASHINGTON — Americans spent at the fastest pace in three years in 2010, boosted by a strong finish in December. Consumer spending rose 0.7 percent in December, the sixth straight monthly increase, the Commerce Department reported Monday. Households saw their ...

Read More »

Consumers spend and earn more, layoffs slow

WASHINGTON — Americans earned more and spent more last month, and the number of people applying for unemployment benefits dropped last week to the lowest level in more than two years. At the same time, demand for long-lasting manufactured goods ...

Read More »

Retail sales still sour

It appears consumers are still a little gun shy. I received two press releases this morning about spending habits and both had the same message: Just because the jobless rate has slowed and the Dow Jones has been climbing from ...

Read More »