Consumer spending

December 21, 2018 - 8:58 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised lower. The economy is expected to slow further in the current quarter. The Commerce Department said Friday...
Read More
FILE- This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Friday, Dec. 7, the Federal Reserve releases its October report on consumer borrowing. (AP Photo/Matt Rourke, File)
December 07, 2018 - 3:38 pm
WASHINGTON (AP) — Americans boosted their borrowing by 7.73% in October from a year ago, the largest increase in nearly a year as consumer spending has helped fuel U.S. economic growth. The Federal Reserve said Friday that consumer borrowing rose by a seasonally adjusted $25.3 billion in October to...
Read More
FILE - In this Jan. 30, 2018 file photo, a job applicant talks with company representatives at a JobNewsUSA job fair in Miami Lakes, Fla. Jobs report on Friday, Dec. 7, for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week’s frantic financial market gyrations, which have been driven by concerns that the U.S.-China trade war could escalate and weaken a U.S. economy already facing higher interest rates and slowing global growth. (AP Photo/Lynne Sladky, File)
December 07, 2018 - 7:37 am
WASHINGTON (AP) — Friday's jobs report for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week's frantic financial market gyrations, which have been...
Read More
FILE- In this Nov. 22, 2018, file photo people line up to pay for their purchases as they shop during an early Black Friday sale at a Best Buy store on Thanksgiving Day in Overland Park, Kan. Consumer spending rose a sharp 0.6 percent last month, the Commerce Department reported Thursday, Nov. 29. (AP Photo/Charlie Riedel, File)
November 29, 2018 - 11:58 am
WASHINGTON (AP) — Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth. Consumer spending rose a sharp 0.6 percent last month, the Commerce Department reported...
Read More
FILE- In this Monday, May 22, 2017, photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. Tiffany & Co. reports earnings on Wednesday, Nov. 28, 2018. (AP Photo/Wilfredo Lee, File)
November 28, 2018 - 1:59 pm
NEW YORK (AP) — There was something missing at the luxury jeweler Tiffany & Co. in recent months: Chinese tourists. For the second time in a many months, a big seller of high-end goods noticed that a particularly crucial demographic of its shopping base had made itself sparse, damaging sales...
Read More
FILE- In this Jan. 30, 2018, file photo a rubber tire gantry moves into position to transfer shipping containers at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. On Wednesday, Nov. 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Stephen B. Morton, File)
November 28, 2018 - 8:33 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department's figure for gross domestic product, the broadest measure of...
Read More
FILE - In this May 14, 2015, file photo, the oil drilling rig Polar Pioneer is towed toward a dock in Elliott Bay in Seattle. Sharply lower oil prices are sending ripples through the global economy, lending more spending power to consumers _ particularly for Americans’ big holiday shopping spree _ but potentially dampening investment in U.S. oil production. (AP Photo/Elaine Thompson, File)
November 21, 2018 - 10:03 am
FRANKFURT, Germany (AP) — Holiday shoppers should enjoy more spending power thanks to the recent sharp drop in oil prices, though cheaper energy could also weigh on the U.S. economy by dampening investment in shale oil production. While the fall in oil prices doesn't yet match the 2014-2016 slump...
Read More
November 13, 2018 - 10:35 pm
TOKYO (AP) — The Japanese economy has shrunk at an annualized rate of 1.2 percent in July-September, as consumer spending, investment and exports fell. Cabinet Office preliminary data released Wednesday showed seasonally adjusted gross domestic product — the total value of a nation's goods and...
Read More
FILE- This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Wednesday, Nov. 7, 2018, the Federal Reserve releases its September report on consumer borrowing. (AP Photo/Matt Rourke, File)
November 07, 2018 - 3:23 pm
WASHINGTON (AP) — Americans increased their borrowing by a solid amount in September. But the gain was less than half the big August surge as borrowing in the category that includes credit cards fell. Consumer borrowing rose by a seasonally adjusted $10.9 billion following a jump of $22.9 billion...
Read More
In this Oct. 21, 2018, photo a long line of unsold 2018 QX60 sports utility vehicles cast long shadows at an Infiniti dealership in Highlands Ranch, Colo. On Monday, Oct. 29, the Commerce Department issues its September report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/David Zalubowski)
October 29, 2018 - 8:31 am
WASHINGTON (AP) — U.S. consumer spending rose by an inflation-adjusted 0.3 percent in September, led by increased spending on health care services and motor vehicles. The Commerce Department also says that the Federal Reserve's preferred measure of inflation returned to the central bank's 2 annual...
Read More

Pages