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 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 1, 2013 Consumers had a strong February -- spending jumped 0.7 percent and personal income rose 1.1 percent.
Mar 13, 2013 Global markets are mixed this morning after China reported that inflation hit a ten-month high in February and consumer spending came in worse than expected.
Mar 1, 2013 Some retailers run special promotions to lure customers in during tax refund season.
Jan 31, 2013 The fiscal cliff debate may have ended on January 1st, but if you thought that was the last you'd heard of it, think again.
Jan 30, 2013 A Commerce Department report out today shows that GDP fell 0.1 percent last quarter, but consumer spending, business investment and employment continue to rise.
Jan 16, 2013 Despite the impending fiscal cliff, consumer spending turned out to be higher than expected this holiday season.