Consumers increased their borrowing at a slower pace in May compared to the prior month.
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Read More »July 8, 2014 Comments Off on U.S. consumer borrowing rises at slower pace
Consumers increased their borrowing at a slower pace in May compared to the prior month.
Tagged with: consumer spending credit cards retail sales
Read More »January 31, 2014 Comments Off on U.S. consumer spending up 0.4 percent in December
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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Read More »September 17, 2013 Comments Off on Consumer prices rise just 0.1 pct. in August
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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Read More »September 13, 2013 Comments Off on Retail sales rise slight 0.2 percent in August
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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Read More »September 4, 2013 Comments Off on Fed survey finds economy growing moderately
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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Read More »September 4, 2013 Comments Off on Automakers report sales up double-digits in August
DETROIT — The major U.S. and Japanese automakers all posted double-digit U.S. sales gains last month as car buyers snapped up pickup trucks and small cars to lead the industry toward its best month in six years. Honda reported the ...
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Read More »August 30, 2013 Comments Off on Consumer spending up weak 0.1 percent in July
WASHINGTON — U.S. consumers barely increased their spending in July as their income grew more slowly, held back in part by steep government spending cuts that reduced federal workers’ salaries. The tepid gains suggest economic growth is off to a ...
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Read More »August 29, 2013 Comments Off on Economy grew at 2.5 percent rate in spring
WASHINGTON — The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined. The Commerce Department said second-quarter ...
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Read More »August 15, 2013 Comments Off on Baltimore tourism numbers on the rise despite areas of concern
Despite its annual report noting some areas of concern, Visit Baltimore’s yearly business meeting Wednesday celebrated a successful year of “continued rebound” for the tourism industry.
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Read More »August 15, 2013 Comments Off on Franchot: Starting school after Labor Day would help economy
ANNAPOLIS — Maryland’s comptroller on Thursday called on schools to start after Labor Day in hopes of boosting the state’s economy, citing a report projecting a delay in beginning the school year could result in an additional $74.3 million in ...
Tagged with: Comptroller Peter V. R. Franchot consumer spending Economy Education education news Retail
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