Consumer Spending Up Weak 0.1 Percent In October

Consumer spending posted a modest increase for a second straight month in October, while personal income rebounded after a sluggish September. … Click to Continue »

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  • US growth slowed sharply in first quarter to 1.6% pace
    The nation’s economy slowed sharply last quarter to a 1.6 percent annual pace in the face of high-interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.
    04/25/2024 - 10:46 am | View Link
  • US growth slows sharply, reflecting an economy pressured by high rates
    The nation's economy slowed sharply last quarter to a 1.6 percent annual pace in the face of high interest rates, but consumers — the main driver of economic ...
    04/25/2024 - 10:26 am | View Link
  • Slower but still-decent Q1 growth seen for US
    Coming off a robust end to 2023, the US economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high ...
    04/25/2024 - 5:21 am | View Link
  • Wolf in sheep's clothing: Soft GDP hides surging spending
    Real GDP grew at only a 1.6% annualized pace in Q1, held back by trade and inventories. Consumer spending in the service sector is not slowing, in fact, it is ramping up at a rate seldom seen in the ...
    04/25/2024 - 2:55 am | View Link
  • Growth Slows Sharply Last Quarter to 1.6 Percent Pace, Reflecting an Economy Pressured by High Rates
    The state of the economy is seizing Americans’ attention as the election season has intensified. Although inflation has slowed, to 3.5 percent from ...
    04/25/2024 - 1:54 am | View Link
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