Consumer spending

FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
1010 WINS Newsroom
September 18, 2019 - 2:58 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:50 p.m. Federal Reserve Chair Jerome Powell acknowledges that officials at the U.S. central bank are fractured about next steps on interest rates. Forecasts from the Fed show uncertainty about the...
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A commuter walks past a huge sign of the new pump prices of gasoline and diesel following its implementation Tuesday, Sept. 17, 2019, in suburban Valenzuela city north of Manila, Philippines. Monday saw another round of oil price increase in the country which energy officials said is not related to the recent attacks in Saudi Arabia but has cautioned the public to brace for more spikes in the coming days. (AP Photo/Bullit Marquez)
1010 WINS Newsroom
September 17, 2019 - 2:36 pm
DALLAS (AP) — The price of gasoline crept higher after a weekend attack devastated Saudi Arabian oil output, but if the disruption to global supplies is short-lived, the impact on the U.S. economy will probably be modest. Prices spiked Monday by more than 14%, their biggest single-day jump in years...
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FILE - In this Aug. 25, 2019, file photo, a long line of unsold Clubman sports-utility vehicles sit at a Mini dealership in Highlands Ranch, Colo. On Friday, Sept. 13, the Commerce Department releases U.S. retail sales data for August. (AP Photo/David Zalubowski, File)
1010 WINS Newsroom
September 13, 2019 - 2:10 pm
WASHINGTON (AP) — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales, evidence that consumers are still spending enough to support growth. The Commerce Department said Friday that retail sales increased 0.4% last month, down from a strong 0...
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With cloudy skies in Washington, President Donald Trump speaks to the media as he returns to the White House from Camp David, Sunday, Sept. 1, 2019, in Washington. (AP Photo/Jacquelyn Martin)
1010 WINS Newsroom
September 01, 2019 - 11:35 pm
WASHINGTON (AP) — The United States and China on Sunday put in place their latest tariff increases on each other's goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season. President Donald Trump said U.S.-...
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In this June 14, 2019, photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Friday, Aug. 30, the Commerce Department issues its July report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Richard Drew)
1010 WINS Newsroom
August 30, 2019 - 10:46 am
WASHINGTON (AP) — U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade tensions and driving the economy forward. The Commerce Department said Friday that personal incomes rose just 0.1%, the smallest gain in 10 months...
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FILE - In this June 19, 2019, file photo cargo ships are docked at the Port of Los Angeles in Los Angeles. On Thursday, Aug. 29, the Commerce Department issues the second estimate of how the U.S. economy performed in the April-June quarter.(AP Photo/Marcio Jose Sanchez, File)
1010 WINS Newsroom
August 29, 2019 - 2:23 pm
WASHINGTON (AP) — The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. Yet the main driver of growth — consumer spending — remains vigorous enough to keep the economy growing steadily if still modestly. Spending by households, which accounts for...
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FILE - In this July 11, 2019, file photo Weber grills are displayed at the Home Depot store in Londonderry, N.H. The Home Depot Inc. on Tuesday, Aug. 20, reported fiscal second-quarter net income of $3.48 billion. (AP Photo/Charles Krupa, File)
1010 WINS Newsroom
August 20, 2019 - 4:37 pm
Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy. Home Depot, the nation's largest home improvement chain, said as much on Tuesday,...
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File - In this Tuesday, March 5, 2019, file photo, an employee in protective clothing works with a steel pouring ladle during a guided media tour at the steel producer Salzgitter AG in Salzgitter. The German economy shrank by 0.1 percent in the second quarter from the previous quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Markus Schreiber)
August 15, 2019 - 8:06 pm
WASHINGTON (AP) — How fragile is the global economy? The U.S.-China trade war is weakening businesses in both countries, Germany's economy shrank in the second quarter, and Britain appears headed for a disruptive exit from the European Union this fall. Those trends have hammered American...
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FILE - In this July 28, 2019, file photo unsold 2019 Lincoln Navigators sit at a dealership in Englewood, Colo. On Thursday, Aug. 15, the Commerce Department releases U.S. retail sales data for July. (AP Photo/David Zalubowski, File)
August 15, 2019 - 10:41 am
WASHINGTON (AP) — Americans spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade war that have roiled financial markets have yet to dampen consumer confidence. Retail sales rose a healthy 0.7% last month after a 0.3% gain in...
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In this May 10, 2019, photo, a man walks in shade of a building as other people rest at a bench in Tokyo. Japanese government data are showing Japan’s economy grew at a better-than-expected 1.8% seasonally adjusted annualized rate during the April-June quarter on healthy consumer spending and capital investment. The Cabinet Office reported Friday, Aug. 9, Japan’s gross domestic product or GDP - the total value of a nation’s goods and services - was lifted by solid spending in the private sector as well as government investment, although exports faltered.(AP Photo/Eugene Hoshiko)
August 08, 2019 - 10:59 pm
TOKYO (AP) — Japanese government data is showing Japan's economy grew at a better-than-expected 1.8% seasonally adjusted annualized rate during the April-June quarter on healthy consumer spending and capital investment. The Cabinet Office reported Friday Japan's gross domestic product or GDP — the...
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