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Tag Archives: consumers

Higher retail spending lifts hopes for economy

WASHINGTON — Americans increased their retail spending in July by the most in five months, opening their wallets after a frugal spring and offering hope that the slumping economy may rebound in the second half of the year. Retail spending ...

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Factory orders fell 0.5 percent in June

WASHINGTON — Companies placed fewer orders with U.S. factories in June from May, signaling further weakness with manufacturing. The Commerce Department said Thursday that factory orders fell 0.5 percent in June, the third decline in four months. Orders for core ...

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U.S. economic growth slowed to 1.5 pct. rate in Q2

WASHINGTON — U.S. economic growth slowed to an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The weaker growth adds to worries that the economy could be stalling three years after ...

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Cheaper gas keeps consumer prices flat

WASHINGTON — Consumer prices were unchanged in June, held down by cheaper gas. Outside the volatile food and energy categories, inflation was mild. Weak economic growth is limiting the ability of companies to raise prices. The tame inflation was underscored ...

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U.S. retail sales disappointment weighs on markets

LONDON — A disappointing U.S. retail sales report weighed on stock markets Monday but helped the euro clamber off two-year lows against the dollar. The U.S. Commerce Department reported that retail sales fell 0.5 percent in June from the previous ...

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State senators urge big fines for Pepco, BGE

ANNAPOLIS — Two Maryland state senators urged state regulators on Thursday to fine Pepco and Baltimore Gas and Electric Co. more than $100 million each for the long power outages residents suffered during and after a powerful summer storm that ...

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