consumer spending

Government, Business, Logistics

Missing Data During Shutdown Complicates Consumer Spending Reports

Consumers David Paul Morris/Bloomberg News

The U.S. growth outlook hangs more than ever on American consumers’ resilience amid stock market swoons and trade-war tensions, but key data on their spending — the biggest part of the economy — will be missing due to the government shutdown.

Shobhana Chandra | Bloomberg News
January 15, 2019
Government, Business

Consumer Spending Tops Forecasts as Inflation Data Mixed

Lady shopping Jeenah Moon/Bloomberg News

U.S. consumer spending rose more than forecast in November and the prior month was revised higher, a sign the biggest part of the economy is again poised to drive growth this quarter. An underlying inflation gauge watched by the Federal Reserve showed a slight pickup.

Shobhana Chandra | Bloomberg News
December 21, 2018
Government, Business

Consumer Spending Rises 0.6% in October

Shopper John Minchillo/Associated Press

WASHINGTON — Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth.

Martin Crutsinger | Associated Press
November 29, 2018
Government, Business

Retail Sales Gain Weak 0.1% in September

Consumer shopping Brynn Anderson/Associated Press

WASHINGTON — U.S. consumer spending edged up a slight 0.1% in September, a disappointing performance in which rebounding auto sales were offset by weakness in other areas.

Martin Crutsinger | Associated Press
October 15, 2018

Four Reasons Why Shoppers Are in the Mood to Spend

Shopper at a Target store A shopper roams a Target store. (Eric Gay/Associated Press)

NEW YORK — The store isn’t dead for Home Depot, Kohl’s, Best Buy or Target. Many traditional chains have posted strong sales, both online and at stores, as people are in a mood to spend.

Anne D’Innocenzio | Associated Press
August 29, 2018

US Consumer Spending Surged 1% in September

Hyundai dealership David Zalubowski/AP

WASHINGTON — Consumers boosted their spending by 1% in September, the biggest monthly gain in eight years. The surge was led by strong sales of autos and other durable goods.

Martin Crutsinger | Associated Press
October 30, 2017

Americans’ Spending Barely Grew in June as Incomes Stagnated

Consumer MivPiv/iStock

Consumer spending lost momentum in June and a drop in dividend payments caused incomes to stagnate, signaling the U.S. economy may get less help from households this quarter, Commerce Department figures showed Aug. 1.

Sho Chandra | Bloomberg News
August 1, 2017

Consumer Goods, Housing Stable, Expected to Expand in Economy, Analysts Predict at Seminar

ATA Economic Summit Costello (left), Foster, Riehl, Uhrich and Szakaly (Joseph Terry/Transport Topics)

The consumer goods and housing sectors of the U.S. economy are on stable footing and should continue to expand moderately through at least 2018, as long as the nation can avoid self-manufactured traps, according to panelists at a trucking industry seminar on the economy.

Jonathan S. Reiskin | Associate News Editor
July 20, 2017
Government, Business

Second Straight Drop in Retail Sales Shows Tepid Spending

consumer sales Luke Sharrett/Bloomberg News

Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.

Michelle Jamrisko | Bloomberg News
July 14, 2017

Tepid Consumer Spending Keeps Economic Rebound On Track

Victor J. Blue/Bloomberg News

The tepid pace of U.S. consumer spending in May was nevertheless enough to keep the economy on track for a rebound in the second quarter, helped by income gains.

Sho Chandra | Bloomberg News
June 30, 2017