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Tag Archives: consumer spending

Fed survey: Growth improves modestly throughout U.S.

WASHINGTON — A Federal Reserve survey says economic growth increased throughout the United States from April through mid-May, fueled by home construction, consumer spending and steady hiring. Eleven of the Fed’s banking districts reported “modest to moderate” economic growth, according ...

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Economists predict increase in consumer spending

WASHINGTON — Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 percent this year and ...

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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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