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U.S. consumer spending, factory data point to weak first quarter GDP growth
U.S. personal income fell for the first time in more than three years in January and consumer spending dropped by the most since 2009 in December, putting the economy on a weak growth path early in the first quarter......»»
US trade deficit narrows for first time in 6 years
The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»
U.S. trade deficit narrows in 2019 for first time in six years
The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»
U.S. trade deficit shrinks in 2019 for first time in six years
The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment......»»
U.S. consumer, factory data suggest economy losing momentum
WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year......»»
U.S. consumer spending rises steadily; inflation remains tame
WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year......»»
Thanks to consumers, the US economy is still rising steadily
Consumer spending drives about 70% of growth, and it accelerated in the April-June quarter a.....»»
Moderate U.S. consumer spending, inflation back Fed rate cut
U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade......»»
Fed"s Favorite Inflation Signal Remains Slow As Savings Rate Stabilizes
After May's surprisingly positive rebound, income and spending growth was expected to slow in June and b.....»»
U.S. economy slows in second quarter; weak business investment a red flag
U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health......»»
U.S. economy slows in second quarter ; weak business investment a red flag
U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health......»»
U.S. economic growth seen slowing in second quarter
The U.S. economy likely grew at its slowest pace in more than two years in the second quarter as an acceleration in consumer spending was probably offset by weak exports and business investment......»»
U.S. retail sales ease fears over economy; rate cut still seen
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment......»»
Strong U.S. retail sales boost economic outlook
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment......»»
Weak Retail Sales May Sour GDP Growth Targets for the Second Quarter of 2019
Retail sales are often volatile on a monthly reporting basis, and the markets are getting to deal with a fresh round of negative news when it comes to the consumer spending habits of Americans......»»
U.S. consumer spending inches higher
U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter. Fred Katayama reports......»»
U.S. consumer spending soft, inflation benign as economy slows
U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter......»»
Consumer confidence slumps, missing all estimates
U.S. consumer confidence declined for the fourth time in five months on dimmer assessments of present conditions, suggesting that weak first-quarter growth and slower job gains in February are weighing on attitudes and potentially spending......»»
Weak consumer spending seen restraining U.S. growth in first quarter
WASHINGTON (Reuters) - The U.S. economy likely slowed in the first quarter as growth in consumer spending braked sharply, but the setback is expected to be temporary against the backdrop of a tightening labor market and large fiscal stimulus......»»
U.S. consumer confidence rebounds, house prices increase
WASHINGTON (Reuters) - Consumer confidence rebounded in May, but households were a bit pessimistic about their short-term income prospects even as they expected strong job growth to persist, which could restrain consumer spending......»»