consumer spending
consumer spending Articles
ThinkstockRetailers are announcing June same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.9% year-over-year, compared with a 3.5% gain in May and a 2.8% gain...
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ThinkstockThe Boston Globe is barely there anymore. Its circulation has fallen so far that it is below those of the Cleveland Plain Dealer and Honolulu Star Advertiser. And Boston, the home to one of...
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ThinkstockThe Commerce Department has released its second and (supposedly) final reading of the first-quarter gross domestic product (GDP) for 2013. As this is a second revision, it would require a...
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ThinkstockU.S. consumers spent more money in May than in any month since October 2008. In a self-reporting poll from Gallup, consumers’ average daily spending in May averaged $90, up from $86 in...
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ThinkstockWe have now seen the report on personal income and spending for the month of April, and frankly both look a bit soft and may have a slight impact on some of the second-quarter gross...
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ThinkstockThe price of oil has dropped below $94 a barrel, and gasoline prices have been falling as well. The ongoing decline in gas prices in the United States may be helped by low travel levels...
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ThinkstockEconomic readings are generally coming in weaker than expected, and you have to wonder how well the unemployment and payrolls report can come in this Friday. We have just seen a...
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ThinkstockPersonal income tanked in the month of January while spending maintained a narrow 0.2% gain. Today’s report from the Commerce Department showed that income was down b a whopping 3.6% as...
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ThinkstockThe Wall Street Journal has pulled together the wisdom of businesses, business trade groups and economists and come to conclusion that higher payroll taxes and gasoline prices have undercut...
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ThinkstockOver the four-day Thanksgiving holiday weekend, U.S. consumers spent about a third of their gift-giving budgets on consumer electronics gadgets, second only to clothes buying as a...
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The markets may be closed for trading due to Hurricane Sandy, but the futures were scheduled to stay open until 9:15 a.m. EST on Monday. The Commerce Department today released personal income and...
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The Reuters/University of Michigan consumer sentiment reading is out showing the preliminary October report. It gave a sentiment reading 83.1. This was well above the Bloomberg consensus reading of...
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HalloweenHalloween may be one of the events that helps keep consumer spending at a reasonable level. BIGinsight conducted research for the National Retail Federation that found more than 71% of...
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Consumers boosted their spending in July by a seasonally adjusted 0.4%, according to the latest Commerce Department data. That was the biggest gain in five months, as aftertax incomes continued to...
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Two months ago, almost all predictions about gasoline prices were that they were falling and would stay down, or even drop more. Crude prices had fallen. Oil and gas supplies were abundant. Trouble...
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