Consumer spending

In this May 10, 2019, photo, a man walks in shade of a building as other people rest at a bench in Tokyo. Japanese government data are showing Japan’s economy grew at a better-than-expected 1.8% seasonally adjusted annualized rate during the April-June quarter on healthy consumer spending and capital investment. The Cabinet Office reported Friday, Aug. 9, Japan’s gross domestic product or GDP - the total value of a nation’s goods and services - was lifted by solid spending in the private sector as well as government investment, although exports faltered.(AP Photo/Eugene Hoshiko)
August 08, 2019 - 10:59 pm
TOKYO (AP) — Japanese government data is showing Japan's economy grew at a better-than-expected 1.8% seasonally adjusted annualized rate during the April-June quarter on healthy consumer spending and capital investment. The Cabinet Office reported Friday Japan's gross domestic product or GDP — the...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
August 01, 2019 - 12:56 am
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 3:11 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. The Fed also repeated a pledge to "act...
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FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. On Tuesday, July 30, the government reports on the pace of consumer spending in June. (AP Photo/Jim Mone, File)
July 30, 2019 - 8:45 am
WASHINGTON (AP) — Consumer spending rose a healthy 0.3% in June, slightly below the strong gains of the past three months, while incomes turned in a solid 0.4% gain for the fourth straight month. The Commerce Department said Tuesday that the spending increase followed strong gains of 1% in March, 0...
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In this Wednesday, July 24, 2019 photo, the container ship Seaboard Atlantic is shown docked at PortMiami in Miami. The government says the U.S. economy grew more slowly in 2018 than it previously estimated, downgrading its estimate from 3% to 2.5%. President Donald Trump had frequently boasted of the 3% growth figure as evidence that his policies invigorated the economy. (AP Photo/Wilfredo Lee)
July 26, 2019 - 5:55 pm
WASHINGTON (AP) — The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce...
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July 14, 2019 - 10:23 pm
BEIJING (AP) — China's economic growth slowed further in the quarter ending in June, dragged down by a tariff war with Washington and weak consumer spending. Data on Monday showed the world's second-largest economy expanded by 6.2% over a year earlier, down from the previous quarter's 6.4%. Chinese...
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This photo Feb. 20, 2019, photo shows logos for credit cards in Zelienople, Pa. On Monday, July 8, the Federal Reserve releases its May report on consumer borrowing. (AP Photo/Keith Srakocic)
July 08, 2019 - 3:13 pm
WASHINGTON (AP) — U.S. consumers borrowed more on their credit cards in May and also took out more student and auto loans, a modest sign of economic health. The Federal Reserve says that consumer borrowing increased 5% that month, just below April's 5.2% rise. Total outstanding consumer debt, which...
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FILE - In this May 7, 2019, file photo a clerk restocks items in a newly-opened Amazon Go store in New York. On Friday, June 28, the Commerce Department issues its May report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
June 28, 2019 - 9:43 am
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy's outlook to keep shopping. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. Still...
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FILE- In this May 19, 2019, file photo, a line of unsold 2019 CX-5 sports-utility vehicles sits at a Mazda dealership in Littleton, Colo. On Friday, June 14, the Commerce Department releases U.S. retail sales data for May. (AP Photo/David Zalubowski, File)
June 14, 2019 - 8:58 am
WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...
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FILE- In this Feb. 17, 2019, file photo rows of unsold 2019 Escape sports-utility vehicles sit in long rows at a Ford dealership in Broomfield, Colo. On Wednesday, May 15, the Commerce Department releases U.S. retail sales data for April. (AP Photo/David Zalubowski, File)
May 15, 2019 - 9:07 am
WASHINGTON (AP) — U.S. retail sales declined last month, as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March. Car sales dropped 1.1% last month and sales at...
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