Us Consumer Spending

US consumer spending softens in December even as inflation eases

The data was included in the advance fourth quarter gross domestic product report, which showed consumer spending maintaining a solid pace of growth

Inflation zaps US savings rate, warning sign for consumer spending: Report

The personal savings rate, as a percentage of disposable income, fell to 4.4 per cent in April, the lowest level since 2008 in the US, according to the Commerce Department

US consumer spending beats expectations in January; inflation rises further

The rebound in spending could further temper expectations for a sharp slowdown in economic growth in the first quarter

US consumer prices up 5.7% over past year, fastest in 39 years

With every trip to the grocery store and gas pump eating away a little more of their paychecks, people have less left over for discretionary purchases

Consumer spending rebounds in US by 1.3% in October despite inflation

US consumer spending rebounded by a solid 1.3 per cent in October despite inflation

Fiscal stimulus fires up US consumer spending; inflation benign

WASHINGTON (Reuters) - U.S. consumer spending increased by the most in seven months in January as the government doled out more pandemic relief money to low-income households and new COVID-19 infections dropped, positioning the economy for faster growth in the first quarter.

US weekly jobless claims fall; consumers cut back on spending in November

Consumers cut back on purchases of goods like new motor vehicles, clothing and footwear

US consumer spending drops 0.4% in Nov, first decline since April

US consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus.

US consumer spending rose a moderate 1.4% in September amid pandemic

US consumers increased their spending by 1.4 per cent in September, a modest gain but far less than the big increases of late spring

Top headlines: Telcos battle over subscribers; new stimulus for demand

From govt announcing new scheme to boost consumer spending to telcos war over subscriber base, here are top headlines this morning

US economic recovery to be muted until Covid is contained: Fed officials

Consumer spending will probably remain weak relative to the past as people avoid activities that require high levels of social interaction for health reasons, Boston Fed President Eric Rosengren said

US June consumer spending up 5.6%, but Covid-19 could stall gains

So deep was the pullback in the spring that even with two months of gains, consumer spending was still down at a record annual rate of 34.6% in the April-June quarter

US consumer spending up slightly; jobless claims at 45-year low

The increase in consumer spending in February was in line with economists' expectations

US consumer spending rises to 0.4% in Dec; savings drop to 10-year low

The impact of low savings on consumer spending could, however, be temporarily offset by income tax cuts which went into effect in January

US consumer spending beats estimates; savings drop to lowest since 2008

Consumer spending could get a lift from sweeping individual income tax cuts approved by the US Congress this week

US consumer spending barely rises 0.1% in August; core inflation retreats

The US inflation remained benign last month

US consumer spending rises modestly in July; inflation retreats

Personal consumption expenditures price index excluding food and energy edged up 0.1% in July

US first-quarter growth weakest in three years as consumer spending falters

Trump is targeting infrastructure spending, tax cuts, deregulation to achieve faster economic growth

US consumer spending slows; inflation near 5-year high

Consumer spending saw smallest gain since August; followed an unrevised 0.2% rise in January

US consumer spending rises solidly; inflation firming

The increase was in line with economists' expectations