U.s. Consumer, Business Spending Data Point To Slowing Growth

WASHINGTON (Reuters) - U.S. consumer spending rose modestly in October and a key measure of business spending plans on equipment fell for a second straight month, suggesting some slowing in the pace of economic growth.

BING NEWS:
  • Never Ending Revenge Spending—‘What Is the New Norm?’
    Americans are continuing to spend, despite anxiety over the economy, making companies question their expectations of consumer spending habits during slower economic growth.
    03/26/2024 - 8:32 am | View Link
  • Pound Sterling weakens as BoE turns slightly dovish on interest rates
    Pound Sterling prints a fresh two-week low near 1.2600 on downbeat market mood. The near-term demand for the GBP/USD pair weakens as it has dropped below the 100-day Exponential Moving Average (EMA), ...
    03/22/2024 - 3:31 am | View Link
  • In Pennsylvania's Senate Race, Casey Puts 'Greedflation' and Corporations on the Ballot
    For Democrats trying to defend the White House and Senate majority, Democratic Sen. Bob Casey of Pennsylvania is emerging as the tip of the spear in trying to reframe the election-year narrative aroun ...
    03/20/2024 - 5:14 pm | View Link
  • This Is How the Stock Market Performed Under Each President
    The U.S. economy is a massive aggregation of moving parts, some in plain sight and some hidden from view. The average citizen feels like they have very little control over such an enormous system, but ...
    03/20/2024 - 7:30 am | View Link
  • Federal Reserve March meeting: Rates hold steady; 3 cuts seen in '24 despite inflation
    The Federal Reserve left interest rates unchanged and held to forecast of 3 rate cuts in 2024 despite an inflation uptick.
    03/20/2024 - 2:00 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 News