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Tag Archives: consumer spending

US consumer spending up modest 0.2 percent in February

Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the shutdown of the American economy by the coronavirus. The Commerce Department reported spending edged up ...

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Thanks to consumers, US economy is rising steadily if slowly

The U.S. economic landscape would look even bleaker if not for America’s consumers. The economy slowed in the spring, and many analysts think the weakness will continue in the months ahead. Yet consumer spending, which drives about 70 percent of ...

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Thanks to consumers, US economy is rising steadily if slowly

The U.S. economic landscape would look even bleaker if not for America’s consumers. The economy slowed in the spring, and many analysts think the weakness will continue in the months ahead. Yet consumer spending, which drives about 70 percent of ...

Read More »

Thanks to consumers, US economy is rising steadily if slowly

The U.S. economic landscape would look even bleaker if not for America’s consumers. The economy slowed in the spring, and many analysts think the weakness will continue in the months ahead. Yet consumer spending, which drives about 70 percent of ...

Read More »