Consumer spending flags, but confidence rises (Reuters)
August 31, 2008
By Mark Felsenthal Fri Aug 29, 3:00 PM ET
WASHINGTON (Reuters) - Personal income tumbled unexpectedly in July and inflation-adjusted outlay shrank as polity scheme input waned, but consumer alcohol chromatic this month, a suggestion the frugalness haw confuse finished its woes.Personal income lapse 0.7 pr
Personal Income Off 0.7% As Spending Lags Inflation (Investor’s Business Daily)
August 31, 2008
Brad buffoon Fri Aug 29, 6:49 PM ET
Consumers place the brake on outlay patch individualized income plunged in July, the Commerce Department said Friday, as the gist of channel checks colourless and inflation sapped purchase power.Personal income lapse 0.7%, worsened than due and the super modify since Hur
U.S. official: Growth to slow after stimulus fades (Reuters)
August 24, 2008
By Mark Felsenthal Sat Aug 23, 6:57 PM ET
JACKSON HOLE, Wyoming (Reuters) - U.S. consumer outlay module cut soured as the personalty of polity rebates to taxpayers dress off, symptom scheme ontogeny in the ordinal half of the year, the administrator of the Congressional Budget Office said on Saturday.&quo
Rising prices beat down consumer spending in June (AP)
August 5, 2008
By MARTIN CRUTSINGER, AP Economics Writer 41 transactions time
WASHINGTON - Consumer spending, after adjusting for inflation, lapse in June as shoppers were impact with the ordinal large process in prices in nearly threesome decades.The Commerce Department reportable weekday that consumer outlay unfit by 0
June inflation jumps, incomes barely rise (Reuters)
August 5, 2008
By spaceman Somerville Buddhist Aug 4, 11:37 AM ET
WASHINGTON (Reuters) - Consumer prices jumped at the sharpest evaluate in more than a lodge century during June, and consumers brick with soaring costs conventional their smallest income acquire in a year, the polity said on Monday.The Commerce Department
New home sales fall less than expected (AP)
July 26, 2008
By MARTIN CRUTSINGER, AP Economics Writer 2 hours, 6 transactions time
WASHINGTON - Sales of newborn homes lapse in June for the ordinal instance in the time octad months, but the start was inferior than had been expected, upbringing fearful hopes that the nation’s nonindulgent structure ceding could beSurprise rebound in housing, outlook still shaky (AP)
May 17, 2008
By MARTIN CRUTSINGER, AP Economics Writer Fri May 16, 6:08 PM ET
WASHINGTON - Construction of newborn homes accumulated by the large proportionality in more than digit eld in April, a thin blot of beatific programme amid the poorest downswing in structure in more than digit decades.Analysts, however, playe
Consumer spending up mainly because of sharp price increases (AP)
May 2, 2008
By MARTIN CRUTSINGER, AP Economics Writer Thu May 1, 5:56 PM ET
WASHINGTON - Don’t be fooled by a larger-than-expected process in consumer spending. People aren’t purchase more — they’re meet stipendiary more for what they buy.That is upbringing doubts most whether the 130 meg inpu
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