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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 ...
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 ...
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists ...
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
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 ...
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 ...
After a remarkable summer of robust consumer spending and financial-market resilience, the US economy is widely expected to slow in the coming months as the Federal Reserve continues its historic ...