Consumer spending

In this April 13, 2020, photo, a couple walk through the capital city's popular shopping mall in Beijing. Chinese leaders have reopened factories and shops in an effort to revive the economy, but the consumers whose spending propels most of China's growth have been slow to return to shopping malls and auto dealerships. (AP Photo/Andy Wong)
April 15, 2020 - 10:13 pm
BEIJING (AP) — China, where the coronavirus pandemic started in December, is cautiously trying to get back to business, but it’s not easy when many millions of workers are wary of spending much or even going out. Factories and shops nationwide shut down starting in late January. Millions of...
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Patrolman Elliot Landrau keeps watch at the West Side Market, Friday, April 10, 2020, in Cleveland. There were fewer shoppers this year before the Easter holiday than in previous years due to the coronavirus. (AP Photo/Tony Dejak)
April 10, 2020 - 4:23 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus. ________________________ CONSUMER DURESS: The consumer drives about 70% of all economic...
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In this Tuesday, March 10, 2020, security guards patrolling the quiet Wangfujing shopping, a usually popular tourist spot before the new coronavirus outbreak in Beijing. China's consumer spending and other business activity fell even more than expected in January and February due to its virus outbreak, adding to the ruling Communist Party's challenges as it tries to revive the world's second-largest economy. (AP Photo/Andy Wong)
March 16, 2020 - 3:52 am
BEIJING (AP) — China’s consumer spending and factory activity fell more than expected in January and February as it fought a virus outbreak, prompting some forecasters to warn this year’s economic growth might slump to its lowest level since the 1970s. Retail sales fell 20.5% from a year ago after...
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FILE - In this Dec. 9, 2019, file photo Melissa Rogan, left, and her daughter Renee, 9-months-old, browse the new Toys R Us store at a mall in Paramus, N.J. On Tuesday, Feb. 25, 2020, the Conference Board reports on U.S. consumer confidence for February. (AP Photo/Seth Wenig, File)
February 25, 2020 - 11:10 am
WASHINGTON (AP) — U.S. consumer confidence improved slightly in February, rising to a reading of 130.7, the highest point since August. The Conference Board said Tuesday that its measure of consumer sentiment is up from a revised reading of 130.4 in January. The January reading was revised down...
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FILE - In this May 10, 2019, file photo, a man walks in shade of a building as other people rest at a bench in Tokyo. The Japanese economy shrank at an annual pace of 6.3% in the October-December period, as growth got battered by typhoons and crimped consumer spending. The seasonally adjusted data released Monday, Feb. 17, 2020, by the Cabinet Office comes amid looming fears about the damage the regional economy is almost certain to suffer from the outbreak of a new virus that began in China late last year.(AP Photo/Eugene Hoshiko, File)
February 16, 2020 - 9:47 pm
TOKYO (AP) — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending. The seasonally adjusted economic data released Monday by the Cabinet Office comes amid looming fears about the economic damage expected from the new...
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In this Jan. 9, 2020, photo Chevrolet Silverado pick-up trucks are lined up on the sales lot at the Betley Chevrolet dealership in Derry, N.H. On Friday, Jan. 31, the Commerce Department issues its December report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Charles Krupa)
January 31, 2020 - 8:35 am
WASHINGTON (AP) — U.S. consumer spending slowed in December as Americans spent more on prescription drugs and health care services but those gains did not offset a sharp slowdown in spending on new cars. The Commerce Department said Friday that consumer spending rose a moderate 0.3% after a...
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In this Monday, Jan. 27, 2020 photo a passer-by walks near stoves, front, at a Home Depot store location, in Boston. On Tuesday, Jan. 28, the Conference Board reports on U.S. consumer confidence for January. (AP Photo/Steven Senne)
January 28, 2020 - 10:35 am
WASHINGTON (AP) — U.S. consumer confidence showed a strong gain in January, bolstered by continued strength in the job market. The Conference Board said Tuesday that its consumer confidence index rose to a reading of 131.6 this month, up from 128.2 in December. Lynn Franco, senior director of...
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FILE - In this Nov. 29, 2019, file photo shoppers carry bags as they cross a street in San Francisco. Black Friday kicks off the start of the holiday shopping season. On Friday, Dec. 20, the Commerce Department issues its November report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Jeff Chiu, File)
December 20, 2019 - 10:26 am
WASHINGTON (AP) — Americans increased their spending in November at the fastest pace in four months, and income growth rebounded to its strongest gain since August. The Commerce Department said Friday that consumer spending rose at a 0.4% annual rate last month, led by a jump in spending on durable...
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This Oct. 8, 2019, photo shows a Chase Sapphire card in New York. On Friday, Dec. 6, The Federal Reserve releases its report on consumer borrowing for October. (AP Photo/Jenny Kane)
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December 06, 2019 - 3:06 pm
WASHINGTON (AP) — Consumer borrowing rose in October by the largest amount in three months, reflecting a big rebound in the category that includes credit cards. The Federal Reserve said Friday that borrowing increased by a seasonally adjusted $18.9 billion in October, up from a September increase...
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FILE - In this Nov. 20, 2019, file photo specialist Dilip Patel watches the screens at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Nov 27. (AP Photo/Richard Drew, File)
November 27, 2019 - 4:46 pm
Investors capped a day of light trading on Wall Street ahead of the Thanksgiving holiday by serving up another set of stock market record highs. The S&P 500, Dow Jones Industrial Average and Nasdaq composite closed at all-time highs for the third straight day Wednesday. And the Russell 2000...
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