The Commerce Department said Wednesday non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, increased 1.3 percent last month after an upwardly revised 0.4 percent rise in September. Wages and salaries shot up 0.6%, the largest increase since May. The increase matched expectations. That rate of change illustrates acceleration from the 0.2 percent increase in September, but falls in line with the rate of change throughout the summer of 2015, indicating little hint of a strong acceleration in wage growth.
Similar Stories to Consumer Spending Up Weak 0.1 Percent In October on Bing News
wwnt, Free Republic
Fri, 11/27/2015 - 8:19pm
BING NEWS:
- OCR 5.50% – Official Cash Rate To Remain Restrictive
The Monetary Policy Committee today agreed to keep the Official Cash Rate at 5.50 percent. Restrictive monetary policy has reduced capacity pressures in the New Zealand economy and lowered consumer ...
05/21/2024 - 4:19 pm | View Link - NDRC says nation will consolidate recovery trend
The latest data from the National Bureau of Statistics showed recovery is still uneven. China's value-added industrial output grew by 6.7 percent year-on-year in April after a 4.5 percent rise in ...
05/21/2024 - 2:35 pm | View Link - Imminent Retail Renaissance Could be Curtailed by Weak Consumer Spending, Brokers Say
Brokers at the ICSC conference in Las Vegas fear that lackluster consumer spending will kill growth for retailers.
05/20/2024 - 7:46 am | View Link - Discretionary spending dips 4.4 percent: CBA HSI
The CommBank Household Spending Insights (HSI) saw its index dip 1.0 percent in April after an initial March Easter bump and annual spending growth slowing to 2.6 per cent for the year.
05/19/2024 - 3:01 pm | View Link - At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall
In normal times, a boost in government spending would boost inflation. The budget papers show these are not normal times.
05/16/2024 - 9:09 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more