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Tag Archives: consumers

Consumers hit retail stores to give economy boost

WASHINGTON — Consumers are giving a modest lift to the economy. They spent more on autos, electronics and building supplies in October to boost retail sales for the fifth straight month. The gains provide an encouraging start for the October-December ...

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Consumers getting more cautious on credit

WASHINGTON — Americans borrowed more in September to buy cars and attend college, but they charged less to their credit cards for a third straight month. The figures suggest that consumers are growing more cautious about taking on high-interest debt ...

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Fed holds off on further actions to help economy

WASHINGTON — The Federal Reserve sketched a brighter picture of the economy Wednesday. As a result, it’s holding off on any new actions because stronger growth is giving it time to gauge the impact of steps it’s already taken. Fed ...

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SUV sales lift automakers to best October since ’07

DETROIT — Fans of SUVs and trucks shoved car buyers aside last month, helping the auto industry to its best October in four years. The shift was a boon for Detroit’s automakers, who posted sizeable increases in sales of pickups ...

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Manufacturing growth slowed slightly in October

WASHINGTON — U.S. manufacturing grew more slowly in October, hampered by weaker demand for exports and slower production at factories. But companies ordered more goods, factories slashed their stockpiles and auto sales rose. Those trends suggest manufacturing activity could rebound ...

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Consumer confidence at lowest since recession

NEW YORK — Americans say they feel worse about the economy than they have since the depths of the Great Recession. Consumer confidence fell in October to the lowest since March 2009, a research group said Tuesday — an ominous ...

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Economy shows signs of health after summer slump

WASHINGTON — A gauge of future economic activity edged up at a slower pace in September, signaling only modest economic growth in coming months. The Conference Board reported Thursday that its index of leading economic indicators rose 0.2 percent in ...

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