Jobless Claims, Cash For Clunkers | featured news

U.S. Consumer Spending Jumps; Jobless Claims Up

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

 

U.S. Retail Sales Dipped in July

Retail sales unexpectedly fell 0.1% in July despite the debut of the government's "cash for clunkers" program. Separately, weekly jobless claims rose a bit.

 

Retail Sales Post Decline

Retail Sales Post Decline

Disappointing performance underscores concerns about the timing and durability of a recovery.

 

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