Consumer Spending

Retail Sales Rose More Than Expected to 1.4 Percent in October

By by| AP| Politics

… October, but the gain largely reflected a big rebound in auto sales. Sales fell at many other retail stores as consumer spending remains under pressure, raising questions about the durability of the recovery. The Commerce Department says retail …

Story|11/16/2009

Oil Prices Near $79 on Hurricane Ida Fears

AP| World

… Mart Stores Inc., Abercrombie & Fitch Co., Macy's Inc. and JC Penney Co. for clues about the strength of consumer spending . In other Nymex trading, heating oil rose 2.94 cents to $2.03 a gallon. Gasoline for December delivery gained …

Story|11/09/2009

Jobless Rate Tops 10 Percent for 1st Time Since 1983

FOXNews.com| Politics

… fades. Many economists also worry that persistently high unemployment could undermine the recovery by restraining consumer spending , which accounts for 70 percent of the economy. One sign of how hard it still is to find a job: the number of Americans …

Story|11/07/2009

Productivity Rose 9.5 Percent in Third Quarter

AP| Politics

… continued squeeze on workers' incomes will depress consumer spending in the months ahead, putting the economic recovery ..... pushing it down next summer. The concern is that consumer spending , which accounts for 70 percent of economic activity …

Story|11/05/2009

CIT Files Bankruptcy, and Retailers Get Nervous

AP| U.S.

… wrench in ordering for the important 2010 spring season. NRF officials say that as stores prepare for a rebound in consumer spending next year, access to credit is very important. Harold Reichwald, co-chair of law firm Manatt, Phelps & Phillips …

Story|11/02/2009

Health Bills Slash Spending Accounts

AP| Politics

… s paid for by a group called Save Flexible Spending Plans that is backed by insurers, companies that administer consumer spending accounts and other businesses with a financial stake in the outcome. The United Food and Commercial Workers International …

Story|11/02/2009

Obama: Economy Growing, Jobs Saved by Stimulus

AP| Politics

… consumers to open their wallets and purses. But on Friday, the Commerce Department reported a 0.5 percent decline in consumer spending in September. It was the first drop in five months and the biggest since last December. Obama said his administration …

Story|10/31/2009

Personal Income Remained Unchanged in September as Consumer Spending Fell 0.5 Percent

FOXNews.com

… spending plunged in September by the largest amount in nine months, reflecting the end of the government's Cash for Clunkers auto sales program. Incomes, the fuel for future spending, were flat.

Story|10/30/2009

Economy Expands 3.5 Percent in Third Quarter, Biggest Growth in 2 Years

FOXNews.com| Politics

… from government support programs, consumers led the rebound in the third quarter, snapping up cars and homes. Consumer spending on big-ticket manufactured goods soared at an annualized rate of 22.3 percent in the third quarter, the most …

Story|10/29/2009

China's 3rd Quarter Growth Rate Accelerates to 8.9 Percent Pace

AP| World

… and investment in state-dominated industries by channeling spending to areas of the economy expected to spur more consumer spending and improve productivity. While China's domestic consumption remains low compared with other major economies …

Story|10/22/2009