Consumer Spending Archives

May 1
Consumer Spending Twice what was Expected
Consumer spending continues to help the economy avoid a recession or strong downturn, as it increased by 0.4 percent in March, double what was expected by economists' projections, said the Commerce Department. Because spending was at a faster pace than...
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Feb15
Consumer Confidence Drops to Lowest Level in 16 Years
A Reuters/ University of Michigan survey, found that consumer confidence has reached its lowest level in 16 years, as the consumer sentiment index fell to 69.6 as of the middle of February. Down from the 78.4 measured in January 2008.... Continue Reading
Dec21
Consumers Continue to Carry Economy: Spending Explodes in November
Consumers continue to shrug off mortgage problems, a slowing housing market and increasing gasoline prices, as they keep snapping up products, increasing spending by the largest amount in about 3 1/2 years in November, said the Commerce Department. Overall consumer... Continue Reading
 


Consumer Spending Archives

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