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Tag Archives: holiday shopping

Spending and incomes show weak November gains

WASHINGTON — Consumers spent at a lackluster rate in November as their incomes barely grew, suggesting that Americans may struggle to keep spending more into 2012. Consumer spending rose just 0.1 percent in November, matching the modest October increase, the Commerce ...

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U.S. online holiday shopping climbs 15 percent

U.S. shoppers spent 15 percent more in online holiday buying compared to last year, after what may have been the busiest week of the season, said research firm comScore on Sunday. Shoppers have spent $30.9 billion online from Nov. 1 ...

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Nat’l Retail Federation upgrades holiday forecast

NEW YORK — With the final Christmas countdown begun, the nation’s largest retail trade group has upgraded its holiday sales forecast reflecting growing optimism that much more spending is to come. The National Retail Federation said Thursday it now expects ...

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U.S. retail sales rises for sixth straight month

WASHINGTON — Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. Retail sales rose 0.2 percent in November, the Commerce Department said Tuesday. That’s ...

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Economy gets mixed batch of news ahead of holidays

WASHINGTON — At the start of the critical holiday shopping season, the economy received a dose of mixed news Wednesday. Consumers barely increased their spending in October, and businesses pulled back on investment in long-lasting manufactured goods. Still, Americans’ pay ...

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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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Consumer confidence essentially unchanged

NEW YORK — Consumers’ confidence in the economy remained weak in September after dropping to a post-recession low in the month before as Americans continued to worry about high unemployment and low wages. People were spooked last month over a ...

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Consumers spend and earn more, layoffs slow

WASHINGTON — Americans earned more and spent more last month, and the number of people applying for unemployment benefits dropped last week to the lowest level in more than two years. At the same time, demand for long-lasting manufactured goods ...

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