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Americans continued to spend at a brisk pace in August in the face of rising COVID-19 infections, though much of it was done online.
Read More »In ‘surprising upturn,’ spending rises in August despite delta variant spread 
In ‘surprising upturn,’ spending rises in August despite delta variant spread
Manchin seeks ‘strategic pause’ on Biden bill, opposes spending $3.5T
September 3, 2021
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Sen. Joe Manchin said Congress should take a “strategic pause” on more spending, warning that he does not support President Joe Biden's $3.5 trillion package.
Tagged with: biden budget Congress spending
Read More »Consumer spending slows to 0.3% gain in July as delta variant threatens
August 27, 2021
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Growth in U.S. consumer spending slowed in July to a modest increase of 0.3% while inflation over the past 12 months hit its fastest pace in three decades.
Read More »Americans spent less in July as COVID-19 cases surged
August 17, 2021
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Americans cut back on their spending last month as a surge in COVID-19 cases kept people away from stores.
Read More »Senate Democrats unveil $3.5T budget for social, climate efforts
August 9, 2021
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Senate Democrats unveiled a budget resolution Monday that maps $3.5 trillion in spending boosts and tax breaks aimed at strengthening social and environmental programs.
Tagged with: budget Congress medicare spending
Read More »Consumers boost spending 1% in June as inflation remains high
July 30, 2021
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Consumers increased their spending by 1% in June, as the economy rebounds from the recession but is facing risks from the delta variant of the coronavirus.
Read More »Consumer prices surge in June by the most since 2008
July 13, 2021
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Prices for U.S. consumers jumped in June by the most in 13 years.
Tagged with: consumer prices Economy inflation spending
Read More »May consumer spending flat; incomes fall and prices jump
June 25, 2021
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Consumer spending was flat in May, while inflation posted a sizable gain of 0.4%.
Tagged with: Economy income inflation spending
Read More »US economy up 6.4% in Q1 with stronger future gains expected
June 24, 2021
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The U.S. economy grew at a solid 6.4% rate in the first three months of this year, setting the stage for what economists are forecasting could be the strongest year for the economy in possibly seven decades.
Tagged with: Economy gdp spending
Read More »Democrats eye $6T plan on infrastructure, Medicare, immigration
June 17, 2021
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Democrats are eyeing a $6 trillion infrastructure investment plan that goes far beyond roads and bridges to include core party priorities.
Tagged with: biden Congress infrastructure spending
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