Consumer Spending, Personal Income | featured news

Personal incomes rise, but spending doesn't

As the Federal Reserve meets Tuesday and Wednesday to consider new stimulus for the weak economy, one of the key data it will be looking at is consumer spending, which is clearly waning.

 

Dow Dips On Data After Pfizer, P&G Report

Personal incomes and spending come in flat for June, worse than the slight gains anticipated.

Senh: Dang it. All we need was about 300 points to get to 11,000. Oh well.

 

Consumer spending, personal incomes both weak in June

Consumer spending, personal incomes both weak in June

The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economic recovery slowed in the spring.

 

Personal incomes, consumer spending up in December

Personal incomes, consumer spending up in December

Personal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades.

 

U.S. Consumer Spending Jumps; Jobless Claims Up

Propelled by the auto rebate program, consumer spending rose sharply in August, but personal incomes lagged.

 

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