Topic: Consumer Spending
US retail sales' surprise dip clouds recovery
AFP Global Edition
<div><p>US retail sales unexpectedly dipped 0.1 percent in July, government data showed Thursday in a report highlighting weakness in consumer demand that is crucial for recovery from recession.</p><p>The Commerce Department's headline figure surprised most analysts ...
US consumer spending rises, incomes fall
AFP Global Edition
<div><p>US consumer spending rose in June, but incomes plunged as a result of the end of certain stimulus payments, the government said Tuesday in a report highlighting challenges facing recovery from recession.</p><p>The Commerce Department reported personal spending ...
Consumer spending rises in June, incomes fall
Reuters US Online Report Domestic News
<div><p>WASHINGTON (Reuters) - U.S. consumer spending rose slightly more than expected in June, a government report showed on Tuesday, likely pushed up by higher gasoline prices, and incomes saw their biggest drop in four-and-a-half years.</p><p>The Commerce Department ...
US consumer spending ticks up amid income jump
AFP Global Edition
<div><p>US consumer spending rose modestly in May despite a surge in personal incomes boosted by massive government spending to kick-start the economy out of recession, official data showed Friday.</p><p>The Commerce Department reported consumer spending rose for the ...
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