Personal income

FILE - In this May 7, 2020, file photo, a pedestrian walks by The Framing Gallery, closed due to the COVID-19 pandemic, in Grosse Pointe, Mich. The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. (AP Photo/Paul Sancya, File)
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May 08, 2020 - 8:11 am
WASHINGTON (AP) — The U.S. government on Friday is poised to report the worst set of jobs numbers since record-keeping began in 1948, a snapshot of the devastating damage the coronavirus outbreak has inflicted on the economy. The unemployment rate for April could reach 16% or more, according to...
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FILE - In this April 29, 2020 file photo, a sign reminding customers of social distancing is posted in the Bink's Outfitters store in Murfreesboro, Tenn. U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home orders. (AP Photo/Mark Humphrey, File)
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April 30, 2020 - 9:30 am
WASHINGTON (AP) — U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home orders. The Commerce Department said that the spending decline was the sharpest monthly drop on records that go back to 1959, exceeding...
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FILE - In this Nov. 29, 2019, file photo Tim Simpson shops at a Kohl's store in Colma, Calif. On Friday, Feb. 28, 2020, the Commerce Department issues its January report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Jeff Chiu, File)
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February 28, 2020 - 8:54 am
WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose. The Commerce Department said Friday that consumer spending increased 0.2% last month, down from 0.4% in December and...
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FILE - In this Sept. 17, 2019, file photo, a sign outside a gas station displays current prices for fuel in Orlando, Fla. The Labor Department said Tuesday, Jan. 14, 2020, that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. (AP Photo/John Raoux, File)
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January 14, 2020 - 1:29 pm
WASHINGTON (AP) — Rising energy costs drove U.S. consumer prices higher in December, and American workers’ earnings couldn’t keep up. The Labor Department said Tuesday that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. Over the past year, consumer...
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FILE - In this Nov. 29, 2019, file photo shoppers carry bags as they cross a street in San Francisco. Black Friday kicks off the start of the holiday shopping season. On Friday, Dec. 20, the Commerce Department issues its November report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Jeff Chiu, File)
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December 20, 2019 - 5:21 pm
WASHINGTON (AP) — Americans increased their spending in November at the fastest pace in four months, and income growth rebounded to its strongest gain since August. The Commerce Department said Friday that consumer spending rose at a 0.4% annual rate last month, led by a jump in spending on durable...
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FILE - In this Oct. 28, 2019, file photo a Matson container ship passes the Golden Gate Bridge in Sausalito, Calif. On Friday, Dec. 20, the Commerce Department issues the third estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Eric Risberg, File)
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December 20, 2019 - 3:03 pm
WASHINGTON (AP) — The U.S. economy, which only recently was flashing warning signs of a worrisome slowdown, is finishing the year in stronger shape, thanks to a resilient consumer, a healthy job market and interest rate cuts by the Federal Reserve. The Commerce Department said Friday that the gross...
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Ian Simmons, Co-Founder and Principal of Blue Haven Initiative, poses at his office in Cambridge, Mass., Friday, Oct. 18, 2019. A handful of billionaires and multimillionaires are making a renewed push for the government to raise their taxes and siphon away some of their holdings. (AP Photo/Michael Dwyer)
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October 22, 2019 - 6:15 am
WASHINGTON (AP) — When the grand vacation homes of Newport Beach were empty on a beautiful Memorial Day weekend, Molly Munger decided it was time for the U.S. to consider taxing wealth. As her family's boat moved through the harbor a few years ago, Munger, whose father is a billionaire investor,...
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People wait near the front of a line hundreds of people long for government distributed food and school supplies to some residents of the Cite Soleil slum, in Port-au-Prince, Haiti, Thursday, Oct. 3, 2019. The administration of President Jovenel Moise tried to alleviate Haiti’s economic crunch on Thursday by distributing plates of rice and beans, sacks of rice, and school backpacks filled with four notebooks and two pens. (AP Photo/Rebecca Blackwell)
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October 03, 2019 - 4:25 pm
PORT-AU-PRINCE, Haiti (AP) — Marcel Cineus scanned the crowd for hints of a potential customer as people bustled past his wooden stall filled with hundreds of textbooks in the hills of Port-au-Prince. School was supposed to start in early September, and Cineus by now would have sold a couple...
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In this Monday, Sept. 23, 2019 photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Friday, Sept. 27, the Commerce Department issues its August report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Steven Senne)
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September 27, 2019 - 12:58 pm
WASHINGTON (AP) — American consumers boosted their spending by just 0.1% in August, the smallest gain in six months, even as their incomes rose at a solid pace. Personal income increased 0.4%, up from a small gain in the previous month, the Commerce Department said Friday. A measure of inflation...
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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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