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The coming week will also provide a closer look at consumer spending, a key trend in the 2023 economic story that's been headlined by a more resilient-than-expected consumer.
When adjusted for inflation, consumer spending rose 0.3% after edging up 0.1% in October. The so-called real consumer spending is running at an annualized rate of 3.1% in the first two months of ...
The Commerce Department released its latest consumer spending report Friday, showing gains in auto sales, electronics, and restaurants and bars. Consumer spending is still robust, even as broader ...
In October, Republicans reported a much clearer drop in sentiment than Democrats. Still, consumers have kept spending despite their gloomy responses to economic confidence surveys, buoying the economy. Growth likely reached 3.2% in the July-September quarter, a healthy pace, according to the Federal Reserve Bank of Atlanta. 10/11/2024 11:14 -0400
Big Tech week. With 37% of the S&P 500 having reported quarterly results, the index is pacing for 3.7% year-over-year earnings growth. According to FactSet, this would be the slowest annual growth ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, accelerated 0.7% last month after an unrevised 0.4% rise in August, the Commerce Department's Bureau of ...
The Bureau of Labor Statistics released its October Consumer Price Index (CPI) at 8:30 a.m. ET on Tuesday. Here are the main figures from the report, compared to Wall Street estimates.
“Retail sales show there is no quit in the consumer,” Oxford Economics declared on Oct. 17 after the September retail sales report showed spending up in most categories.