Consumer spending

FILE - In this March 6, 2019, file photo, container ships docked at the Port of Oakland wait to be unloaded in Oakland, Calif. The U.S. economy shook off fears of a sharp slowdown in the first quarter of the year and grew at a solid pace, suggesting the nearly decade-long expansion still has a ways to go. (AP Photo/Ben Margot, File)
April 26, 2019 - 4:13 pm
WASHINGTON (AP) — The worries that hung ominously over the U.S. economy early this year appear to have lifted. And that sunnier picture has helped bolster confidence in the stock market — driving the benchmark S&P 500 index to another record high Friday. The latest dose of encouragement came in...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, April 18, 2019. Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data. (AP Photo/Ahn Young-joon)
April 18, 2019 - 12:35 am
BEIJING (AP) — Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Sydney was little-changed. U.S. stocks fell despite data showing growth in China's gross domestic product held steady in...
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FILE- In this Feb. 20, 2019, file photo shoppers ride the escalator at Saks Fifth Avenue's flagship midtown Manhattan store in New York. On Friday, March 29, the Commerce Department issues its January report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Kathy Willens, File)
March 29, 2019 - 8:55 am
WASHINGTON (AP) — U.S. consumer spending edged up a tiny 0.1 percent in January, while incomes advanced a modest 0.2 percent in February, further evidence that economic activity may have decelerated after strong growth for most of last year. The Commerce Department said Friday that the weak gain in...
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FILE- In this Dec. 24, 2018, file photo Devyn Kirkpatrick looks over a discounted winter coat at a Columbia store as last-minute shoppers finish up their Christmas gift lists at the Outlet Malls in Castle Rock in Castle Rock, Colo. On Friday, March 1, 2019, the Commerce Department issues its December report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/David Zalubowski, File)
March 01, 2019 - 10:10 am
WASHINGTON (AP) — U.S. consumer spending tumbled 0.5 percent in December, the biggest decline in nine years, as the holiday shopping season ended in disappointment. Meanwhile, incomes rose sharply in December but edged down in January. The fall in consumer spending followed sizable gains of 0.7...
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Anthony Spencer, whose wife, Chastity, right, is a furloughed federal worker, holds his daughter, Sydney, as they wait in line with others who are affected by the partial government shutdown for Philabundance volunteers to distribute food under Interstate 95 in Philadelphia, Wednesday, Jan. 23, 2019. (AP Photo/Matt Rourke)
January 24, 2019 - 1:02 am
WASHINGTON (AP) — At this time of year, John Sprinkle and his wife would normally be planning their summer vacation. Not now. Sprinkle, a furloughed federal employee, is about to miss his second paycheck since the partial government shutdown began just before Christmas. With no end in sight to the...
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In this Jan. 17, 2019, photo, women take a selfie as others tour at the Yu Garden decorated with pig statues for Lunar New Year in Shanghai. China’s 2018 economic growth fell to a three-decade low as activity cooled amid a tariff war with Washington. (Chinatopix via AP)
January 21, 2019 - 5:45 am
BEIJING (AP) — China's economic growth hit a three-decade low in 2018, adding to pressure on Beijing to beef up stimulus measures and settle a tariff war with Washington. Growth slowed to 6.6 percent from 2017's 6.9 percent as both the world's appetite for China's exports and domestic consumer...
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This Nov. 29, 2018, photo shows credit card logos posted on a store's door in Philadelphia. On Tuesday, Jan. 8, 2019, the Federal Reserve releases its November report on consumer borrowing (AP Photo/Matt Rourke)
January 08, 2019 - 3:28 pm
WASHINGTON (AP) — Americans slowed their pace of borrowing slightly in November, but it still grew by a robust $22.1 billion. Solid auto and student loans offset some of the decline in the category that covers credit cards. The Federal Reserve said Tuesday that November's figure follows a $25...
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December 21, 2018 - 10:21 am
WASHINGTON (AP) — Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday. Consumer spending...
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FILE - In this Jan. 30, 2018 file photo, a job applicant talks with company representatives at a JobNewsUSA job fair in Miami Lakes, Fla. Jobs report on Friday, Dec. 7, for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week’s frantic financial market gyrations, which have been driven by concerns that the U.S.-China trade war could escalate and weaken a U.S. economy already facing higher interest rates and slowing global growth. (AP Photo/Lynne Sladky, File)
December 07, 2018 - 7:37 am
WASHINGTON (AP) — Friday's jobs report for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week's frantic financial market gyrations, which have been...
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FILE- In this Nov. 22, 2018, file photo people line up to pay for their purchases as they shop during an early Black Friday sale at a Best Buy store on Thanksgiving Day in Overland Park, Kan. Consumer spending rose a sharp 0.6 percent last month, the Commerce Department reported Thursday, Nov. 29. (AP Photo/Charlie Riedel, File)
November 29, 2018 - 11:58 am
WASHINGTON (AP) — Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth. Consumer spending rose a sharp 0.6 percent last month, the Commerce Department reported...
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