Consumer spending

FILE- This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Friday, Dec. 7, the Federal Reserve releases its October report on consumer borrowing. (AP Photo/Matt Rourke, File)
December 07, 2018 - 2:38 pm
WASHINGTON (AP) — Americans boosted their borrowing by 7.73% in October from a year ago, the largest increase in nearly a year as consumer spending has helped fuel U.S. economic growth. The Federal Reserve said Friday that consumer borrowing rose by a seasonally adjusted $25.3 billion in October to...
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FILE - In this Jan. 30, 2018 file photo, a job applicant talks with company representatives at a JobNewsUSA job fair in Miami Lakes, Fla. Jobs report on Friday, Dec. 7, for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week’s frantic financial market gyrations, which have been driven by concerns that the U.S.-China trade war could escalate and weaken a U.S. economy already facing higher interest rates and slowing global growth. (AP Photo/Lynne Sladky, File)
December 07, 2018 - 6:37 am
WASHINGTON (AP) — Friday's jobs report for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week's frantic financial market gyrations, which have been...
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November 29, 2018 - 10:58 am
WASHINGTON (AP) — Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth. Consumer spending rose a sharp 0.6 percent last month, the Commerce Department reported...
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FILE- In this Monday, May 22, 2017, photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. Tiffany & Co. reports earnings on Wednesday, Nov. 28, 2018. (AP Photo/Wilfredo Lee, File)
November 28, 2018 - 12:59 pm
NEW YORK (AP) — There was something missing at the luxury jeweler Tiffany & Co. in recent months: Chinese tourists. For the second time in a many months, a big seller of high-end goods noticed that a particularly crucial demographic of its shopping base had made itself sparse, damaging sales...
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FILE- In this Jan. 30, 2018, file photo a rubber tire gantry moves into position to transfer shipping containers at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. On Wednesday, Nov. 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Stephen B. Morton, File)
November 28, 2018 - 9:50 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department's figure for gross domestic product, released Wednesday, was...
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FILE - In this May 14, 2015, file photo, the oil drilling rig Polar Pioneer is towed toward a dock in Elliott Bay in Seattle. Sharply lower oil prices are sending ripples through the global economy, lending more spending power to consumers _ particularly for Americans’ big holiday shopping spree _ but potentially dampening investment in U.S. oil production. (AP Photo/Elaine Thompson, File)
November 21, 2018 - 9:03 am
FRANKFURT, Germany (AP) — Holiday shoppers should enjoy more spending power thanks to the recent sharp drop in oil prices, though cheaper energy could also weigh on the U.S. economy by dampening investment in shale oil production. While the fall in oil prices doesn't yet match the 2014-2016 slump...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici presents the Autumn 2018 economic forecast at EU headquarters in Brussels, Thursday, Nov. 8, 2018. (AP Photo/Olivier Matthys)
November 08, 2018 - 6:04 am
Economic growth across the 19-country eurozone is set to slow down further in coming years and become increasingly reliant on domestic factors like consumer spending, the European Union said Thursday. In its latest economic projections, the EU's executive Commission said eurozone growth this year...
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In this Oct. 21, 2018, photo a long line of unsold 2018 QX60 sports utility vehicles cast long shadows at an Infiniti dealership in Highlands Ranch, Colo. On Monday, Oct. 29, the Commerce Department issues its September report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/David Zalubowski)
October 29, 2018 - 7:31 am
WASHINGTON (AP) — U.S. consumer spending rose by an inflation-adjusted 0.3 percent in September, led by increased spending on health care services and motor vehicles. The Commerce Department also says that the Federal Reserve's preferred measure of inflation returned to the central bank's 2 annual...
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FILE- In this Oct. 11, 2018, file photo trader Peter Mazza, left, works with trader Daniel Trimble on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 18. (AP Photo/Richard Drew, File)
October 18, 2018 - 3:13 pm
NEW YORK (AP) — U.S. stocks slumped again Thursday as investors continued to sell shares of technology and internet companies, industrials, and companies that rely on consumer spending. Several industrial companies tumbled after releasing weak quarterly reports, and European stocks also fell as...
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FILE- In this Sept. 17, 2018, file photo people wait in line as Travis Hall, right, and Brandon Deese, back, pump fuel from two tanker trucks at a convenience store in Wilmington, N.C. America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. (AP Photo/Chuck Burton, File)
September 21, 2018 - 2:38 pm
DALLAS (AP) — America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. It has long been conventional wisdom that rising oil prices hurt the economy by forcing consumers to spend more on gasoline and heating their homes,...
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