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U.S. retail sales post biggest drop in a year; coronavirus drag awaited

U.S. retail sales fell by the most in more than a year in February and the coronavirus pandemic is expected to depress sales in the months ahead, which could strengthen economists' expectations of a consumer-led recession by the second quarter......»»

Category: topSource: reutersMar 17th, 2020

State lawmakers question MTA’s performance post-Byford

JPMorgan Chase plans to dismiss several hundred workers from its consumer unit as the lender seeks to , according to people briefed on the matter. The bank intends to notify affected employees on... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 30th, 2020

Economic Report: Consumer spending climbs in November at fastest pace in 4 months

Americans increased spending in November at the fastest rate in four months, suggesting households still have plenty of buying power to keep the economy growing at a steady pace through the holiday shopping season......»»

Category: topSource: marketwatchDec 20th, 2019

Economic Report: Consumer spending climbs in November at fastest pace in 4 months. Income gains also strong

Americans increased spending in November at the fastest rate in four months, suggesting households still have plenty of buying power to keep the economy growing at a steady pace through the holiday shopping season. Consumer spending rose 0.4% last month......»»

Category: topSource: marketwatchDec 20th, 2019

US consumer spending up 0.3% in October but incomes are flat

The Commerce Department said Wednesday that consumer spending rose 0.3% last month, the best showing since a 0.5% rise in July......»»

Category: topSource: foxnewsNov 27th, 2019

Economic Report: U.S. consumer spending climbs again in October even as incomes fall flat

Consumer spending rose in October for the eighth month in a row, a potentially good sign for the U.s. holiday shopping season that gets underway after the Thanksgiving holiday with Black Friday shopping to come......»»

Category: topSource: marketwatchNov 27th, 2019

Economic Report: Consumer spending climbs again in October even as incomes fall flat

Consumer spending rose in October for the eighth month in a row, a potentially good sign for the holiday shopping season that gets underway after Thanksgiving with Black Friday. Consumer spending increased a solid 0.3% last month......»»

Category: topSource: marketwatchNov 27th, 2019

How to Shave Up to 90 Percent Off Your Holiday Spending This Year

Don’t just survive the holiday-shopping season. Emerge victorious—with a lot more money left in your bank account. The post How to Shave Up to 90 Percent Off Your Holiday Spending This Year appeared first on Reader's Digest......»»

Category: topSource: moneycentralNov 8th, 2019

Bank of Canada rate cut bets sink as investors eye post-election spending

Investors are ditching bets that the Bank of Canada will cut interest rates over the coming months as the domestic economy shows resilience and the federal election result adds to prospects of growth-boosting fiscal spending next year......»»

Category: topSource: reutersOct 22nd, 2019

Economic Report: U.S. retail sales snap 6-month win streak in September as receipts fall 0.3%

Sales at U.S. retailers fell in September for the first time in seven months as most stores posted lower receipts, signaling that a widely expected slowdown in consumer spending is under way......»»

Category: topSource: marketwatchOct 16th, 2019

Handbag sales are down 20 percent in 3 years

The women's handbags and totes business in the U.S. is down over 20% in the first eight months of 2019, compared with three years ago, according to NPD Group's Consumer Tracking Service......»»

Category: topSource: moneycentralOct 10th, 2019

US Spending Growth Weakest In Six Months, Core Capex Tumbles

US Spending Growth Weakest In Six Months, Core Capex Tumbles Americans' personal income and spending growth in August was expected to reverse some of the moves seen.....»»

Category: blogSource: zerohedgeSep 27th, 2019

Consumer confidence declines by most in 9 months

U.S. consumer confidence posted the biggest drop since the start of the year as Americans’ expectations for the economy and the job market deteriorated, posing a risk to the household spending that is underpinning growth......»»

Category: topSource: moneycentralSep 24th, 2019

U.S. Consumers Are Continuing to Spend, Ignoring Tensions in the Global Economy

While American spending increases, personal incomes rose just 0.1% last month (WASHINGTON) — U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade t.....»»

Category: topSource: timeAug 30th, 2019

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.....»»

Category: topSource: usatodayAug 29th, 2019

Flotek Announces Second Quarter 2019 Results

HOUSTON, Aug. 7, 2019 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced results for the three months ended June 30, 2019. As the results of the Company's Consumer a.....»»

Category: earningsSource: benzingaAug 7th, 2019

U.S. consumer credit grows $14.6 billion in June, slowest pace in three months

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchAug 7th, 2019

Fraport Group Interim Report - First Half 2019: Stable Performance Achieved During the First Six Months of the Year

FRANKFURT AM MAIN, Germany, Aug. 7, 2019 /PRNewswire/ -- During the first half of fiscal 2019 (ending June 30), the Fraport Group achieved growth in both .....»»

Category: earningsSource: benzingaAug 7th, 2019

Visitor spending increased in June, but remained down for the first half of the year

Total visitor spending increased year-over-year in June, reversing spending declines in earlier months of 2019. According to the monthly Hawaii Visitor Statistics Report released Tuesday by Hawaii Tourism Authority, visitor spending increased by .....»»

Category: topSource: bizjournalsJul 30th, 2019

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......»»

Category: topSource: reutersJul 30th, 2019