Topic: Consumer Spending

Consumer spending up for second straight month

<div id="subtitle">Consumer spending increases for second straight month even though incomes drop due to layoffs</div><div><p>The government says consumers increased spending for a second straight month in February even though their incomes slipped due to continuing massive ...
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Uptick in US consumer spending as taxes fall

<div><p>US consumer spending in January ticked up for the first time in seven months as income got a boost from falling taxes in the midst of deepening recession, government data showed Monday.</p><p>The Commerce Department reported consumer spending ...
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November personal spending falls 0.6 percent

<div id="subtitle">Personal spending drops for fifth straight month, longest stretch in half century</div><div><p>Consumer spending fell for a fifth straight month in November, the longest weak stretch in a half-century, while incomes declined under the weight of ...
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Americans curb spending as income declines

<div><p>American incomes and spending contracted in November as recession took a heavy toll on the world's biggest economy, the Commerce Department said Wednesday.</p><p>In the first decline in four months, personal income contracted 0.2 percent in ...
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