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Savings Slump As US Spending Jumps With Income Growth Weakest In 2 Years

Savings Slump As US Spe.....»»

Category: blogSource: zerohedgeJan 31st, 2020

Trade progress, consumer spending propel Wall Street to fresh highs

The S&P 500 hit a record high for the seventh straight session on Friday, its longest in over two years, as investor sentiment improved on progress in U.S.-China trade relations and strength in domestic consumer spending......»»

Category: topSource: reutersDec 20th, 2019

U.S. consumer confidence slips; new home sales decline

U.S. consumer confidence fell for a fourth straight month in November amid worries about current business conditions and employment prospects, but remained at levels sufficient to support a steady pace of consumer spending......»»

Category: topSource: reutersNov 26th, 2019

U.S. consumer confidence slips, housing stabilizing

U.S. consumer confidence fell for a third straight month in October amid concerns about the short-term outlook for business conditions and job prospects, but remained at levels consistent with continued growth in consumer spending......»»

Category: topSource: reutersOct 29th, 2019

This is why Americans have so much trouble saving money

Yes, the American consumer loves to consume. Maybe an electric dog polisher and a fur sink are a bit extreme, but the U.S., with its relatively low savings rate, definitely has a spending problem......»»

Category: topSource: moneycentralOct 10th, 2019

In One Chart: This is why Americans have so much trouble saving money

Yes, the American consumer loves to consume. Maybe an electric dog polisher and a fur sink are a bit extreme, but the U.S., with its relatively low savings rate, definitely has a spending problem......»»

Category: topSource: marketwatchOct 10th, 2019

U.S. economy slowing, but consumers limiting downside

U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer spending in 4-1/2 years amid a solid labor market threw cold water on financial market expectations of a recession......»»

Category: topSource: reutersAug 29th, 2019

Economy slowing, but consumer spending remains strong

The U.S. economy slowed in the second quarter, but the strongest growth in consumer spending in 4 1/2 years amid a strong labor market could further temper financial market expectations of a recession......»»

Category: topSource: moneycentralAug 29th, 2019

Economy slowing, but consumer spending remains strong

The U.S. economy slowed in the second quarter, but the strongest growth in consumer spending in 4 1/2 years amid a strong labor market could further temper financial market expectations of a recession......»»

Category: topSource: moneycentralAug 29th, 2019

U.S. economy slows in second quarter; consumer spending robust

The U.S. economy slowed in the second quarter, but the strongest growth in consumer spending in 4-1/2 years amid a strong labor market could further temper financial market expectations of a recession......»»

Category: topSource: reutersAug 29th, 2019

Rates are low, and mortgages are cheap. So why aren"t Americans buying more homes?

Interest rates are dropping and mortgages are at their cheapest in years, while US consumer spending is alive and well. Sounds like the housing market should be on fire — but it isn't......»»

Category: topSource: moneycentralAug 10th, 2019

Economic Report: What the consumer spending report tells us is incomes and savings are up, inflation is down — and the Fed is cutting rates

Consumers are doing fine, inflation is even weaker than previously.....»»

Category: topSource: marketwatchJul 30th, 2019

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......»»

Category: topSource: reutersJul 26th, 2019

5 ETFs & Stocks to Profit as U.S. Consumer Inflation Ticks Up

U.S. consumer inflation for June was highest in one and a half years. These sector ETFs and stocks are likely benefit from the trend. Want the latest recommenda.....»»

Category: worldSource: nytJul 12th, 2019

Consumer Spending Growth Maximum Since 2009: 5 Winners

Consumer spending, which accounts for more than two-third of economic output, increases 0.9% in March - the highest monthly increase since August 2009. Want the latest recommendations from Zacks.....»»

Category: smallbizSource: nytApr 30th, 2019

U.S. consumer spending posts biggest increase since 2009

U.S. consumer spending increased by the most in more than 9-1/2 years in March, but price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months......»»

Category: topSource: reutersApr 29th, 2019

Analyst View: Wall Street teases out records above 2018 highs

The S&P 500 and the Nasdaq edged up to their highest intraday levels ever on Monday after data showed U.S. consumer spending surged in March, but gains in shares remained muted as investors waited for a fresh batch of earnings reports......»»

Category: topSource: reutersApr 29th, 2019

US Savings Rate Plunges As Consumer Spending Soars By Most In A Decade

After lagged (govt shutdown) and mixed performances in the last two months, income and spending growth was expected to rebound notably in March (despite a weak signal from within the GDP data) and .....»»

Category: blogSource: zerohedgeApr 29th, 2019

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......»»

Category: topSource: reutersMar 1st, 2019

Failed Foot-Care Gadget Trips Up Reckitt

One of consumer-goods giant Reckitt Benckiser’s highest-profile innovations in recent years is proving to be a lingering thorn in its heel......»»

Category: smallbizSource: wsjApr 20th, 2018