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Tag Archives: consumer spending

Consumer credit-card use falls in March, though spending up

WASHINGTON — Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases. Consumer borrowing rose just $8 billion in March from February to a seasonally adjusted $2.81 trillion, ...

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Factories grow at fastest pace since June 2011

WASHINGTON — U.S. manufacturing expanded in February at the fastest pace since June 2011, buoyed by increases in new orders and production. The third straight month of growth suggests factories may help the economy this year after slumping through most ...

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