Government, Business

Business-Spending Slowdown Casts Shadow on Solid GDP Report

Assembly in a factory Martin Leissl/Bloomberg News

Consumers drove the U.S. economy to better-than-expected growth in the third quarter, but a steep slowdown in business spending raised concerns about whether the strength in the expansion is sustainable.

Katia Dmitrieva | Bloomberg News
October 26, 2018

Trump Signs Spending Plan, Avoids Government Shutdown

Donald Trump Olivier Douliery/Abaca Press/TCA

WASHINGTON — President Donald Trump signed an $854 billion spending bill Sept. 28 to keep the federal government open through Dec. 7, averting a government shutdown in the weeks leading up to November’s pivotal midterm elections.

September 28, 2018

Consumer Spending Climbs by Most in Three Months

Victor J. Blue/Bloomberg News

Consumer purchases climbed in September by the most in three months as incomes grew, signaling momentum in the biggest part of the U.S. economy.

Sho Chandra | Bloomberg News
October 31, 2016

Consumer Spending Rose 0.4% for a Second Month in June


Consumer purchases climbed a bit more than anticipated in June, exceeding a gain in incomes that prompted American households to tap into savings.

Sho Chandra | Bloomberg News
August 2, 2016

Consumer Spending Rises in May, Income Growth Cools

David Paul Morris/Bloomberg News

Consumer purchases moderated last month after the biggest advance since August 2009, as American households realigned outlays with slower income growth.

June 29, 2016

Retail Sales Rise Most in a Year, Marking US Consumer Comeback

National Retail Federation/YouTube

Sales at retailers jumped in April by the most in a year, indicating consumer spending will help the U.S. economy recover from a slowdown earlier this year.

Michelle Jamrisko | Bloomberg News
May 13, 2016

Spending Rises Less Than Forecast as Americans Boost Savings

John Fraissinet/Flickr

Consumer spending rose less than forecast in March, wrapping up the weakest quarter in a year for the biggest part of the U.S. economy even as incomes accelerated.

April 29, 2016

Consumer Spending Rises 0.1% in February for Third Month

David Paul Morris/Bloomberg News

Personal spending barely increased in February, and the prior month’s advance was revised down as Americans saved more of their incomes.

Michelle Jamrisko | Bloomberg News
March 28, 2016

Consumer Spending Rises in January by Most in Eight Months

John Fraissinet/Flickr

Consumer purchases climbed in January by the most in eight months, fueled by faster earnings growth and indicating the biggest part of the U.S. economy gained momentum at the start of 2016.

Shobhana Chandra | Bloomberg News
February 26, 2016

Consumer Spending Tapers in December as Americans Pad Savings

Daniel Acker/Bloomberg News

Household spending cooled in December as Americans used gains in incomes to boost their savings.

February 1, 2016