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Tag Archives: spending

Job market pushes up retail sales in March

WASHINGTON — Americans bought more electronics, started more home improvement projects and updated their wardrobes last month, inspired by warmer weather and a healthier job market. Retail sales rose 0.8 percent in March, the Commerce Department said Monday. The gain ...

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Inflation mild as gas prices rise more slowly

WASHINGTON — Gas prices rose more slowly in March, keeping overall U.S. inflation mild. The consumer price index rose 0.3 percent in March, the Labor Department said Friday. That’s slower than February’s 0.4 percent rise. Excluding food and gas, so-called ...

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Hiring slows amid uncertainty about economy

WASHINGTON — The U.S. job market slowed in March as companies hit the brakes on hiring amid uncertainty about the economy’s growth prospects. The unemployment rate dipped, but mostly because more Americans stopped looking for work. The Labor Department said ...

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Manufacturing up, but construction spending down

WASHINGTON — U.S. factories stepped up hiring and production in March, the latest evidence that manufacturing is growing at a healthy pace and fueling the recovery. But a separate report on construction spending showed that building activity declined in February ...

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U.S. consumer confidence is roughly flat in March

NEW YORK — Americans’ rosy outlook about the U.S. economy remains resilient as they focus on the good in the barrage of conflicting economic news. A widely watched barometer of consumer confidence barely budged in March after last month hitting ...

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Retail sales rise 1.1 percent in February

WASHINGTON — Americans stepped up spending on retail goods in February, evidence that a stronger job market is boosting the economy. Consumers bought more autos, clothes and appliances. They also paid higher prices for gas. Retail sales increased 1.1 percent ...

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Consumers spend more after incomes rise again

WASHINGTON — U.S. consumers earned a little more in January and spent most of the extra money. The modest gains should keep the economy growing slowly. But they disappointed economists, who were expecting bigger increases after two months of strong ...

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