Content Tagged As incomes

4 years 5 months ago

Consumer spending posts weak April reading

Consumer spending in April turned in the weakest performance in seven months, while incomes posted a tiny advance. The Commerce Department says consumer spending was unchanged last month. Economists had expected a 0.3 percent rise. Personal incomes rose 0.4 percent, less than the 0.5 percent gain economists had...

4 years 7 months ago

Incomes flat; consumer spending rises

Americans aren't making any more money--but they're spending more. Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent - but not spectacular - pace. The government says consumers boosted their spending 0.3 percent in February, a tad slower than the 0.4...

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