accountMay 26 - Summary of business headlines: No revision of U.S. first-quarter growth; Consumer spending slower than first...
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CONSUMER SPENDING
Consumer spending, the purchase of goods and services by individuals in the United States, accounts for about two-thirds of the gross domestic product. This topic tracks news on the consumer spending trends and the impact these fluctuations have on the economy.
Consumer Spending is part of Business Exchange, suggested by
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6:23pm BST By WASHINGTON (Reuters) - Unexpectedly weak consumer spending hobbled the U.S. economy in the first quarter...
* First-quarter growth unrevised at 1.8 pct * Consumer spending weaker than previously thought * After-tax corporate...
Consumers hold back U.S. growth, rebound seen muted 6:23pm BST By WASHINGTON (Reuters) - Unexpectedly weak consumer...
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prior quarter. The median forecast of economists surveyed by Bloomberg News called for a 2.2 percent increase.
High gasoline prices, government budget cuts and weaker-than-expected consumer spending caused the economy to grow only...
May 26 (Bloomberg) -- Consumer spending cooled in the first quarter more than previously estimated as the jump in food...
8 percent annual rate in the first quarter, less than economists had forecast, reflecting a smaller gain in consumer...
WASHINGTON -- High gasoline prices, government budget cuts and weaker-than-expected consumer spending caused the...
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prior quarter. The median forecast of economists surveyed by Bloomberg News called for a 2.2 percent increase.
WASHINGTON (Reuters) - Unexpectedly weak consumer spending kept the economy stuck in a slow growth gear in the first...
* First-quarter growth unrevised at 1.8 pct * Consumer spending weaker than previously thought * After-tax corporate...
prices last week, the biggest drop since November 2008, may limit further strains on sentiment and help underpin...
a 1.8 percent annual rate in the first quarter, less than forecast, reflecting a smaller gain in consumer spending than...
sluggish U.S. economic growth in the first three months of the year as high gas prices hurt consumer spending.
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High gasoline prices, government budget cuts and weaker-than-expected consumer spending caused the economy to grow only...
this month that it may reach 5 percent. Still, it also cut growth projections, and data yesterday showed consumer...
economy grew at a 1.8 percent annual rate in the first quarter, reflecting a smaller gain in consumer spending than...
a 1.8 percent annual rate in the first quarter, less than forecast, reflecting a smaller gain in consumer spending than...
Bloomberg News survey called for a drop to 404,000. Consistent gains in hiring are needed to sustain consumer spending,...
3.1% rate in the fourth quarter. The big surprise in Thursday��s report was a downward revision to consumer spending.
Top Sources: Consumer Spending
- time.com
- bloomberg.com
- Los Angeles Times
- BusinessWeek
- christianpf.com
- money.cnn.com
- online.wsj.com
- Reuters
- ihavenet.com
- Forbes.com
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