Search results
Results from the WOW.Com Content Network
Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy's steady growth. Retail sales rose 0.4% from September to ...
October retail sales grew from the prior month, reflecting continued resilience in the American consumer. Retail sales rose 0.4% in October. Economists had expected a 0.3% rise in spending ...
On Thursday, the government said the economy accelerated at a 4.9% annual rate in the July-September quarter, the fastest such rate since 2021, on the back of a jump in Americans' spending.
Consumer expenditures increased 0.2% last month, a marked pullback from the 0.7% jump seen in September. When taking out inflation, however, the 0.2% real spending in October was down only ...
But data for August was revised lower, suggesting that third-quarter consumer spending growth pace could be trimmed down to a 3.5% annualized rate from the 3.7% pace estimated last month.
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
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 ...
And in October, that financial foundation was indeed strong for the economy-powering consumer: Personal income shot up 0.6%, the largest monthly increase since March; and disposable income (income ...