ConsumerSpending

  • U.S. consumer spending picking up, gasoline prices a threat

    WASHINGTON (Reuters) – U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter. The economic outlook got a boost from other data on Tuesday showing factory activity regaining momentum...
  • Consumer spending has its biggest monthly gain in 8 years

    • Consumer spending surged by 1% in the month of September. This is is the largest gain since 2009. • The big boost in spending was led by a 14.7% increase in spending for new motor vehicles, many which were destroyed by hurricanes that ravaged the southern US. •...