May 31, 2013 In February, then March, Americans spent more money than the month before. But today there's news that consumer spending dropped a tenth percent in April.
Stacey Vanek Smith
May 17, 2013 Retail sales rose a tenth of a percent in April. Why are people spending more and are they going back into credit card debit over these purchases?
Apr 29, 2013 U.S. personal income and consumer spending increased by 0.2 percent in March. Julia Coronado, chief economist with the investment bank BNP Paribas, discusses the numbers and what they mean for the economy.
Apr 26, 2013 The GDP growth of 2.5 percent falls short of what economists had predicted. But does that mean bad news for the economy?
Apr 26, 2013 With all the dysfunction in government and economies, why should a 2.5 percent increase in GDP sound bad?
Apr 26, 2013 A Visa study finds that prom costs about $1,100 -- but kids from families with incomes under $50,000, and kids with single parents, spend more on prom. Turns out there’s a long tradition of chastising the poor for spending “too much” on big life events.
Apr 26, 2013 U.S. GDP grew at an annual pace of 2.5 percent in the first quarter, disappointing investors and many economists. But why is GDP growth necessary?
Apr 22, 2013 The U.S. economy will grow by 3 percent this summer, due to a change in the data used to calculate GDP.
Apr 15, 2013 China’s economy continues to rev, but certainly slower than many had anticipated this past quarter. Growth came in at 7.7 percent, down two tenths from the previous quarter.
Apr 1, 2013 Consumers had a strong February -- spending jumped 0.7 percent and personal income rose 1.1 percent.