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By Shobhana Chandra, Bloomberg |
April 29, 2013
Consumer spending in the U.S. rose more than projected in March, reflecting a jump in outlays for services that is unlikely to be repeated as the biggest part of the economy softens this quarter.
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By Shobhana Chandra, Bloomberg |
January 30, 2013
The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventory growth, as household purchases picked up.
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By Chris Burritt, Cotten Timberlake and Lauren Coleman-Lochner , Bloomberg |
December 27, 2012
While one estimate put holiday sales gains at only 0.7 percent, retailers from Macy’s Inc. to Abercrombie & Fitch Co. controlled inventories heading into the holidays, enabling them to limit discounts.
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By Michelle Jamrisko, Bloomberg |
December 27, 2012
Consumer confidence in the U.S. held near a four-year high last week as Americans grew less pessimistic about the economy.
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By Alex Kowalski, Bloomberg |
December 20, 2012
The U.S. economy grew at a 3.1 percent annual rate in the third quarter, more than previously reported, reflecting the first gain in state and local government spending in three years, more consumer purchases and a smaller trade gap.
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By Lorraine Woellert, Bloomberg |
December 7, 2012
Confidence among consumers fell more than forecast in December as Americans’ expectations slumped to a one-year low.
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By Alanna Byrne |
November 30, 2012
News that Republican leaders rejected the Obama administration’s proposed solution to the impending fiscal cliff has kept markets flat and investors cautious late this week.
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By Alex Kowalski, Bloomberg |
November 30, 2012
Spending by U.S. consumers unexpectedly declined and incomes stagnated in October as superstorm Sandy kept those in the Northeast from getting to work or from shopping at malls and car dealerships.
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By Danielle Kucera, Bloomberg |
November 26, 2012
Online retailers are poised for a record $43.4 billion holiday sales season as shoppers increasingly rely on social networks and mobile devices to find and buy merchandise.
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By Alex Kowalski, Bloomberg |
October 16, 2012
The cost of living in the U.S. rose in September for a second month, reflecting a jump in energy expenses that failed to trickle through to other goods and services.
