Consumer spending

In this July 10, 2019, photo, mountain bikes are displayed at Cycles Etc bicycle shop in Salem, N.H. On Tuesday, July 16, the Commerce Department releases U.S. retail sales data for June. (AP Photo/Charles Krupa)
July 16, 2019 - 10:19 am
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, providing crucial support to the economy at a time when other drivers of growth have faded. The Commerce Department said Tuesday that retail sales rose 0.4% in June, the fourth straight increase. Sales at online retailers, grocery...
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July 14, 2019 - 10:23 pm
BEIJING (AP) — China's economic growth slowed further in the quarter ending in June, dragged down by a tariff war with Washington and weak consumer spending. Data on Monday showed the world's second-largest economy expanded by 6.2% over a year earlier, down from the previous quarter's 6.4%. Chinese...
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This photo Feb. 20, 2019, photo shows logos for credit cards in Zelienople, Pa. On Monday, July 8, the Federal Reserve releases its May report on consumer borrowing. (AP Photo/Keith Srakocic)
July 08, 2019 - 3:13 pm
WASHINGTON (AP) — U.S. consumers borrowed more on their credit cards in May and also took out more student and auto loans, a modest sign of economic health. The Federal Reserve says that consumer borrowing increased 5% that month, just below April's 5.2% rise. Total outstanding consumer debt, which...
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FILE - In this May 7, 2019, file photo a clerk restocks items in a newly-opened Amazon Go store in New York. On Friday, June 28, the Commerce Department issues its May report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
June 28, 2019 - 9:16 am
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy's outlook to keep shopping. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. That'...
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FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Thursday, June 27, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Marcio Jose Sanchez, File)
June 27, 2019 - 12:32 pm
WASHINGTON (AP) — The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China. The gain in the...
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FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. On Friday, June 14, the Commerce Department releases U.S. retail sales data for May. (AP Photo/Bill Sikes, File)
June 14, 2019 - 9:21 am
WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that recent worries about cautious consumers dragging on growth may have been overdone. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's...
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FILE - In this April 24, 2019, file photo Marcy Seinberg shops at a Walmart Neighborhood Market in Levittown, N.Y. On Friday, May 31, the Commerce Department issues its April report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
May 31, 2019 - 8:38 am
WASHINGTON (AP) — Consumer spending slowed in April with inflation up, but still far below the target set by the Federal Reserve. There was a burst of spending in the prior month as well. The Commerce Department said Friday that spending increased 0.3% in April following a 1.1% surge in March that...
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FILE- In this Feb. 17, 2019, file photo rows of unsold 2019 Escape sports-utility vehicles sit in long rows at a Ford dealership in Broomfield, Colo. On Wednesday, May 15, the Commerce Department releases U.S. retail sales data for April. (AP Photo/David Zalubowski, File)
May 15, 2019 - 9:07 am
WASHINGTON (AP) — U.S. retail sales declined last month, as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March. Car sales dropped 1.1% last month and sales at...
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Customers shop at a toy store in Beijing, Wednesday, May 15, 2019. For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. (AP Photo/Mark Schiefelbein)
May 15, 2019 - 6:46 am
BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing needs to boost stimulus spending and bank...
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May 15, 2019 - 2:59 am
BERLIN (AP) — Official figures show that the German economy returned to growth in the first quarter of 2019 on the back of solid consumer spending and a construction boom in Europe's largest economy. The Federal Statistical Office reported Wednesday that the country's economy grew by 0.4% in the...
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