consumer spending

Government, Business

Consumer Spending Slows to 0.3% Gain in July

Shoppers Shoppers in Boston by Charles Krupa/AP

WASHINGTON — Growth in U.S. consumer spending slowed in July to a modest increase of 0.3% while inflation over the past 12 months rose to the fastest pace in three decades.

Martin Crutsinger | Associated Press
August 27, 2021
Government, Business

Consumers Boost Spending 1% as Inflation Remains High

shoppers Shoppers at the Westfield San Francisco Centre shopping mall in San Francisco. (David Paul Morris/Bloomberg)

WASHINGTON — American consumers increased their spending by 1% in June — a dose of energy for an economy that is quickly rebounding from the pandemic recession but is facing new risks led by the delta variant of the coronavirus.

Martin Crutsinger | Associated Press
July 30, 2021
Government, Business

Consumer Spending Flat in May

Target shoppers Nam Y. Huh/AP

WASHINGTON — Consumer spending was flat in May while incomes dropped for a second month as the impact of the government’s individual impact payments waned. Inflation, however, posted a sizable gain of 0.4%.

Martin Crutsinger | Associated Press
June 25, 2021
Government, Business

Consumers Boosted Spending by Just 0.5% in April

help wanted sign A Nordstrom store in Coral Gables, Fla., advertises that it is hiring. (Marta Lavandier/AP)

WASHINGTON — Americans increased their spending by a slight 0.5% in April, a slowdown after a massive gain in March that had been powered by the distribution of billions of dollars in individual stimulus checks.

Martin Crutsinger | Associated Press
May 28, 2021
Government, Business

Consumer Spending Up 8.2%, Partly Erasing Record Plunge

Shoppers, left, head to the entrance of a Best Buy store in Minnesota on June 24. Shoppers, left, head to the entrance of a Best Buy store in Minnesota on June 24. (Jim Mone/Associated Press)

American consumers increased their spending by a record 8.2% in May, partly erasing record plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter.

Martin Crutsinger | Associated Press
June 26, 2020
Government, Business

US Consumer Spending Plunges While Stimulus Boosts Incomes

A customer wears a protective mask while loading purchases from a Home Depot store in Reston, Virginia, on May 21. A customer wears a protective mask while loading purchases from a Home Depot store in Reston, Virginia, on May 21. (Andrew Harrer/Bloomberg News)

U.S. consumer spending, which accounts for about two-thirds of the world’s largest economy, plunged in April by the most on record after the coronavirus pandemic halted purchases of all but the most essential goods and services.

Reade Pickert | Bloomberg News
May 29, 2020
Government, Business

Consumer Spending Slowed in January While Incomes Jumped

Man shopping for jeans A man shops at a Kohl's store in Colma, Calif. (Jeff Chiu/AP)

WASHINGTON — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose.

Christopher Rugaber | Associated Press
February 28, 2020
Government, Business

Consumer Spending Rises 0.1% in August

Woman shopping for clothes David Zalubowski/AP

WASHINGTON — American consumers boosted their spending by just 0.1% in August, the smallest gain in six months, even as their incomes rose at a solid pace.

Christopher Rugaber | Associated Press
September 27, 2019
Government, Business

Fed Says Most Businesses Optimistic, Consumer Spending ‘Mixed’

Trucks in line to unload at Port of Oakland Trucks hauling shipping containers wait to unload at the Port of Oakland in Oakland, Calif., on July 22, 2019. (AP Photo/Ben Margot)

The U.S. economy grew at a modest pace through much of July and August, with companies remaining upbeat despite disruption caused by international trade disputes, a Federal Reserve survey found.

Christopher Condon | Bloomberg News
September 4, 2019
Government, Business

Consumer Spending, Incomes Post Solid Gains in June

Consumer Jim Mone/Associated Press

Consumer spending rose a healthy 0.3% in June, slightly below the strong gains of the past three months, while incomes turned in a solid 0.4% gain for the fourth straight month.

Martin Crutsinger | Associated Press
July 30, 2019

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