Consumer spending

May 30, 2018 - 9:09 am
WASHINGTON (AP) — The U.S. economy grew at a weaker 2.2 percent annual rate in the first three months of the year, as consumers and businesses slowed their spending. But given the economy's recent performance, analysts are still looking for a solid rebound in the current quarter. Growth in the...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, May 16, 2018. Japan's economy shrank at an annualized rate of 0.6 percent in the quarter through March, as private investment and public spending declined, according to Cabinet Office data released Wednesday. (AP Photo/Eugene Hoshiko)
May 16, 2018 - 1:56 am
TOKYO (AP) — Japan's longest straight period of expansion in nearly three decades ended in the first quarter of this year as the economy shrank at an annualized rate of 0.6 percent. Growth for the previous quarter was also revised downward according to data released Wednesday that reflected weaker...
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FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve issues new data Monday, May 7, 2018, on how much credit Americans took on in March. The tally, which excludes mortgages and other loans secured by real estate, is expected to show consumer borrowing increased by $15.6 billion. That would follow a gain of $10.6 billion in February. That gain pushed total consumer credit to nearly $3.9 trillion.(AP Photo/Andrew Harnik, File)
May 07, 2018 - 3:12 pm
WASHINGTON (AP) — Americans increased their borrowing by $11.6 billion in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years. The Federal Reserve says the March increase in total debt was below...
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FILE- In this April 4, 2018, file photo, shoppers walk past the Victoria's Secret store on Broadway in the Soho neighborhood of New York. On Monday, April 30, the Commerce Department issues its March report on consumer spending. (AP Photo/Mary Altaffer, File)
April 30, 2018 - 8:31 am
WASHINGTON (AP) — Americans boosted their spending by 0.4 percent in March, the best showing in three months. Meanwhile, a key gauge of inflation closely watched by the Federal Reserve rose at the fastest pace in more than a year. The Commerce Department says the March increase in consumer spending...
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FILE - In this Oct. 6, 2017, file photo, workers build an apartment and retail complex in Nashville, Tenn. On Friday, April 27, 2018, the Commerce Department issues its first estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Mark Humphrey, File)
April 27, 2018 - 3:36 pm
WASHINGTON (AP) — The U.S. economy slowed to a moderate 2.3 percent annual growth rate in the first quarter as consumer spending turned in the weakest performance in nearly five years. Still, the January-March increase came in better than expected, supporting hopes for a solid rebound for the rest...
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FILE- In this Feb. 17, 2017, file photo an American flag hangs on the front of the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, April 27, 2018. (AP Photo/Peter Morgan, File)
April 27, 2018 - 10:13 am
NEW YORK (AP) — Online retailer Amazon is surging to new highs Friday following a strong first quarter and tech giants Microsoft and Intel are also climbing, but U.S. stocks are just modestly higher overall. Weak results from Exxon Mobil are weighing on energy companies. Asian stocks climbed...
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FILE- In this Nov. 9, 2017, file photo, a man pushes a cart while shopping at a Walmart store in North Bergen, N.J. On Thursday, March 29, 2018, the Commerce Department issues its February report on consumer spending. (AP Photo/Julio Cortez, File)
March 29, 2018 - 8:42 am
Americans increased their spending just 0.2 percent in February, while their incomes were boosted by increased wages and business owners' income. The Commerce Department says the modest spending increase followed an equal gain in January and a rise of 0.4 percent in December. Incomes increased a...
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In this Sunday, Jan. 7, 2018, photograph, sun glints off the headlight housing of an unsold 2018 Maserati Levante in a long line of the high-end sports utility vehicles sitting on a dealer's lot in Highlands Ranch, Colo. On Wednesday, March 14, 2018, the Commerce Department releases U.S. retail sales data for February. (AP Photo/David Zalubowski)
March 14, 2018 - 11:19 am
WASHINGTON (AP) — U.S. consumers spent less at auto dealers, gas stations and department stores in February, causing overall retail sales to slip 0.1 percent despite signs elsewhere of a robust economy and the tax cuts signed into law by President Donald Trump starting to take effect. It was the...
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In this Wednesday, Jan. 31, 2018, photo, Master Card and Visa logos on credit cards is shown in Zelienople, Pa. On Wednesday, March 7, the Federal Reserve releases its January report on consumer borrowing. (AP Photo/Keith Srakocic)
March 07, 2018 - 3:27 pm
WASHINGTON (AP) — American consumers increased their borrowing at a slower pace in January, as the category that covers credit cards recorded the smallest increase in three years. January's gain of $13.9 billion followed a $19.2 billion increase in December and a November surge of $30.9 billion,...
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A bus bearing the words "Brexit to cost £2,000 million a week" drives past a statue of Britain's World War II leader Sir Winston Churchill and the scaffolding covered Elizabeth Tower, which contains the bell known as "Big Ben", of the Houses of Parliament at the start a national campaign tour in central London, Wednesday, Feb. 21, 2018. The anti-Brexit bus on Wednesday started an eight day tour, intending to make 33 stops in towns and cities across Britain, with speaker events featuring local business leaders, trade unionists, and politicians. (AP Photo/Matt Dunham)
February 22, 2018 - 4:42 am
LONDON (AP) — Official figures show that the British economy did not grow as strongly as initially anticipated in the final quarter of 2017 amid a slowdown in consumption and business investment. The Office for National Statistics said Thursday that the British economy expanded by a quarterly rate...
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