US consumer spending up tiny 0.1 percent in June; incomes post weakest performance in 7 months

BING NEWS:
  • US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
    The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its previous estimate ...
    05/30/2024 - 7:49 am | View Link
  • Economy grew just 1.3% last quarter, consumer spending was weaker than expected
    The US economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said Thursday in a downgrade from its previous ...
    05/30/2024 - 7:44 am | View Link
  • Japan's consumer spending extends declines, clouding outlook for BOJ rate hikes
    TOKYO, May 10 (Reuters) - Japan's consumer spending fell for the 13th straight month in March, creating challenges for policymakers who are seeking to drive stronger real wage growth, a ...
    05/9/2024 - 6:31 pm | View Link
  • Korea's consumer sentiment remains flat in April despite chip rebound
    Korea's consumer sentiment stagnated in April despite continued growth in exports, as strong inflation and the high base rate continued to weigh down on the household economy. The composite ...
    04/23/2024 - 1:50 pm | View Link
  • Changing levels of consumer income
    The effect of a change in consumer income will depend on what a business sells. For example, pound shops that sell products at discounted prices often see sales increase when consumer incomes fall.
    07/25/2020 - 5:11 pm | View Link
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