consumer spending

consumer spending Articles

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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
What does it mean about the economy when people cannot afford hamburgers and beer? It is another sign that consumer spending is in trouble. A beer can cost as little as $1, and the same holds true...
When the financial going gets tough, Americans would rather change their eating habits than give up text messaging, cable TV, or Internet downloads. That’s the finding of a survey conducted on...
The University of Michigan/Reuters consumer sentiment index fell in March for the first time since August. The index reading of 74.3 is a full point below the February reading of 75.3. Recent...
The conventional wisdom is that the surge in consumer spending that drove retail sales higher by nearly 4% over the holidays will end in the first quarter. These consumers again have taken on too...