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Economists encouraged by third-quarter growth

Oct 26, 2012
The government is estimating U.S. GDP grew two percent for the past three months. The figure is better than economists had expected -- but then again, they weren't expecting much.
Posted In: GDP, consumer spending, government spending

Retailers report another strong sales month

Oct 15, 2012
U.S. retail sales rose 1.1 percent in September with Americans spending more on cars, electronics and gas.
Posted In: consumer confidence, consumer spending, retail sales, manufacturing

Consumer spending grows at fastest pace in five months

Aug 30, 2012
The government said this morning that consumer spending grew 0.4 percent last month.
Posted In: consumer spending

Which US cities spoil their children: are we spending too much on our kids?

Aug 30, 2012
NYC, you are the worst offender. In Wisconsin, on the other hand, kids apparently get by in hand-me-downs, playing with discarded pieces of string.
Posted In: children, consumer spending, spoiled kids, kids

Consumer spending up 0.8% in February

Mar 30, 2012
Consumer spending was the big surprise of the morning. The government said Americans spent 0.8 percent more in February.
Posted In: consumer confidence, consumer spending, durable goods

What to fear more: Inflation vs. deflation

Jan 30, 2012
The news that Americans are saving more is a mixed blessing, and could also increase our risk of deflation.
Posted In: deflation, consumer spending, inflation

Thrift is in

Jan 30, 2012
People are still trying to save more.
Posted In: Savings, personal savings rate, consumer spending

Week in review: Consumers are spending again!

Jan 13, 2012
The numbers are in and -- economic downturn or not -- 2011 was the best retail sales year ever! So what's behind that surprising data?
Posted In: consumer spending

PODCAST: Who gets the big holiday tips, impact of the payroll tax cut extension

Dec 23, 2011
Congress has passed the payroll tax cut extension. We take a look at what the means for consumers. We have some numbers for you: Consumer spending grew just 0.1 percent in November, while orders for U.S. factory goods went up 3.8 percent. Plus, what is the most pessimistic country in the world? And find out which professions receive the biggest holiday tips.
Posted In: consumer spending, France, payroll tax, tips

How much are people in the mood to spend?

Dec 23, 2011
Consumer spending eeked up just 0.1 percent in November, despite stories of strong holiday sales. What does that mean about the health of our economy?
Posted In: consumer spending

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