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Tag Archives: consumers

Consumer confidence jumps to 7-month high

NEW YORK — Americans’ confidence in the economy jumped this month to the highest level since February, bolstered by a brighter outlook for overall business conditions and hiring. The Conference Board said Tuesday that its Consumer Confidence Index rose to ...

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Gas prices, cars push retail sales up 0.9 pct.

WASHINGTON — U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious elsewhere, suggesting the weak economy has made many selective about spending. Retail sales increased ...

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More expensive gas pushes up wholesale prices

WASHINGTON — A sharp rise in gasoline costs drove up wholesale prices last month by the most in more than three years. But outside energy and food, price gains were mild. The producer price index, which measures price changes before ...

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Consumer spending rose 0.4 percent in July

WASHINGTON — Americans spent at the fastest pace in five months in July after earning a little more. The increase in income and consumer spending could help boost an economy mired in subpar growth. Consumer spending rose 0.4 percent in ...

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