It may not have the clout of the official monthly Dept of Commerce Retail Sales report not due out for two more weeks, but in retrospect considering how many credibility issues with seasonal adjustments government data has had in recent months, the Gallup Consumer Spending report may have become far more realistic than official government data.In which case all hope of a Q2 GDP rebound abandon, ye who read this: after a strong April, in which the average consumer reported a daily spend of $91, $3 higher than a year prior, and the highest spending month since before the great financial...

BING NEWS:
  • Consumer spending, closely watched by Fed, rose 0.3% in March
    April 26 (UPI) --Consumer spending, a key gauge used by the Federal ... PCE was up 0.3% for the month and 2.8% on an annual basis. The BEA said the largest contributors to price increases among ...
    04/25/2024 - 10:17 pm | View Link
  • Visa Profit Surges 17% as Consumer Card Spending Climbs
    That was 7 cents more than the average estimate of analysts in a Bloomberg survey. In the US, where Visa gets more than 40% of its revenue, credit-card spending grew 6.2% from a year earlier.
    04/23/2024 - 5:51 am | View Link
  • Consumer spending still to fully recover
    (UPDATE) CONSUMER spending in the Asia-Pacific region has yet to fully recover from the impact of Covid-19, Moody's Analytics said, particularly in the Philippines where it remains significantly below ...
    04/21/2024 - 1:00 pm | View Link
  • Consumer Sentiment Falls More Than Expected in April as Inflation Expectations Rise, Survey Shows
    The consensus was for a smaller dip to a 79 level, according to a survey ... annual consumer inflation accelerated at a faster-than-expected pace, while producer prices logged the biggest annual ...
    04/12/2024 - 6:01 am | View Link
  • US inflation increases moderately in February; consumer spending surges
    Financial markets expect the first rate reduction ... inflation to gauge their progress in fighting inflation. Consumer spending, which accounts for more than two-thirds of U.S. economic activity ...
    03/29/2024 - 1:54 am | View Link
  • More

 

Welcome to Wopular!

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

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News