Content Tagged As incomes
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Consumer spending posts weak April reading
May 28, 2010 8:51 AM
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... more » -
Consumer spending advances sharply, incomes lag
May 3, 2010 11:39 AM
Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest level in 18 months. A modest rise in incomes added to concerns that the recovery could weaken unless income growth increases more rapidly. The... more » -
Incomes flat; consumer spending rises
March 29, 2010 11:13 AM
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... more »
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