U.S. consumer spending surged 0.9% in March, the biggest gain in nearly a decade, as inflation pressures remain nonexistent. The March gain was the biggest monthly increase since August 2009, the Commerce Department reported Monday. That's a marked improvement after three months of lackluster readings...

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BING NEWS:
  • Steady Wage Growth and Wealth Effects Support U.S. Consumer Spending
    In April, the U.S. core Personal Consumption Expenditures (PCE) inflation showed a modest increase of 0.25% month-over-month (MoM), aligning with earlier predictions from core Consumer Price Index ...
    06/2/2024 - 5:00 am | View Link
  • The U.S. economy may be cooling — and helping to tame inflation, too
    A cooler economy is usually not a welcome prospect, but the Federal Reserve’s fight to restore low inflation might be dependent upon it.
    06/1/2024 - 12:01 am | View Link
  • US inflation up moderately in April, consumer spending weakens
    It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
    05/31/2024 - 5:02 am | View Link
  • April consumer report shows an increase in spending and income
    New numbers from the Bureau of Economic Analysis show that in April consumer spending increased slightly by 0.2% and personal income also rose by 0.3%. Editor-in-Chief at Investopedia, Caleb Silver, ...
    05/31/2024 - 4:04 am | View Link
  • U.S. Consumer Prices Increase In Line With Estimates In April
    A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with ...
    05/31/2024 - 1:54 am | View Link
  • More

 

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