Consumer spending

In this Friday, May 19, 2017, photo, shoppers walk past a Marshalls store in Miami. Consumer spending slowed in June as income growth turned in the weakest performance in seven months, according to information released Tuesday, Aug. 1, 2017, by the Commerce Department. (AP Photo/Lynne Sladky)
August 01, 2017 - 8:56 am
WASHINGTON (AP) — Consumer spending slowed in June as income growth turned in the weakest performance in seven months. Spending edged up a tiny 0.1 percent compared to a 0.2 percent rise in May, the Commerce Department reported Tuesday. It was the weakest showing since spending increased a similar...
Read More
July 28, 2017 - 9:20 am
WASHINGTON (AP) — The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief. The Commerce Department said...
Read More
In this June 15, 2017, photo, a customer inserts a credit card to pay for parking in Haverhill, Mass. On Monday, July 10, 2017, the Federal Reserve releases its May report on consumer borrowing. (AP Photo/Elise Amendola)
July 10, 2017 - 3:19 pm
WASHINGTON (AP) — American consumers increased their borrowing in May at the fastest pace in six months, reflecting a sharp rebound in the category that includes credit cards. The Federal Reserve reported Monday that total consumer borrowing rose by $18.4 billion in May, the strongest gain since a...
Read More
In this Tuesday, May 23, 2017, photo, employees assist a customer, at left, with a computer at Best Buy in Cary, N.C. On Friday, June 30, 2017, the Commerce Department issues its May report on consumer spending. (AP Photo/Gerry Broome)
June 30, 2017 - 8:34 am
WASHINGTON (AP) — Americans enjoyed a healthy increase in income last month but didn't spend much of the gain. The Commerce Department says personal income rose 0.4 percent in May, up from a 0.3 increase in April. But consumer spending rose just 0.1 percent after climbing 0.4 percent in both March...
Read More
May 30, 2017 - 11:44 am
WASHINGTON (AP) — Americans increased their spending in April at the fastest pace in four months, bolstered by a solid gain in incomes. The strong results underscored expectations that the economy is poised to rebound after a lackluster start to the year. Consumer spending rose 0.4 percent in April...
Read More
In this Wednesday, March 29, 2017, photo, people walk near the Comcast Innovation and Technology Center under construction, middle, and the Comcast Center, center right, in Philadelphia. On Friday, April 28, 2017, the Commerce Department issues the first of three estimates of how the U.S. economy performed in the January-March quarter. (AP Photo/Matt Rourke)
April 28, 2017 - 9:04 am
WASHINGTON (AP) — The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result repeats a pattern that has characterized the recovery: lackluster beginnings to the year. The gross domestic product, the total...
Read More
Britain's Prime Minister Theresa May speaks with employee Graeme Sharrocks, left, during a visit to IKO Polymetric factory in Chesterfield, England, while on the election campaign trail, Thursday April 27, 2017. Britain goes to the polls for a General Election on upcoming June 8. (Anthony Devlin/PA via AP)
April 28, 2017 - 6:55 am
LONDON (AP) — Britain's economy slowed in the first three months of the year as concerns about the U.K.'s exit from the European Union spurred inflation and forced consumers to rein in spending. The economy grew 0.3 percent from the previous quarter, slower than the 0.4 percent forecast, the Office...
Read More
FILE - In this Monday, March 20, 2017, file photo, Bonobos manager Stephen Lusardi arranges clothing at the brand's Guideshop, in New York's Financial District. The U.S. government issues the March jobs report, Friday, April 7, 2017. (AP Photo/Bebeto Matthews, File)
April 07, 2017 - 8:10 am
WASHINGTON (AP) — Can the U.S. economy deliver a third straight month of robust job growth? The year began with a burst of hiring — 238,000 jobs added in January and 235,000 in February, along with solid pay growth. It all added up to a picture of confident employers and ample opportunities for job...
Read More
FILE - This Oct. 18, 2016 file photo shows the New York Stock Exchange building in New York. European stock markets traded in narrow ranges Friday, March 31, 2017, though trading has the potential to become quite volatile in the hours before the first quarter of the year ends.. (AP Photo/Frank Franklin II)
March 31, 2017 - 10:24 am
U.S. stock indexes wavered between small gains and losses in early trading Friday as investors weighed several corporate deals and new economic data on consumer spending and prices. Financial stocks were down the most, while utilities posted the biggest gains. KEEPING SCORE: The Dow Jones...
Read More