Consumer spending

In this Sept. 23, 2019, photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Wednesday, Oct. 16, the Commerce Department releases U.S. retail sales data for September. (AP Photo/Steven Senne)
October 16, 2019 - 5:34 am
WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. The Commerce Department said Wednesday that retail sales fell 0.3% last month following a 0.6%...
Read More
In this Sept. 17, 2019, photo job seekers line up to speak to recruiters during an Amazon job fair in Dallas. On Friday, Oct. 4, the U.S. government issues the September jobs report. (AP Photo/LM Otero)
October 04, 2019 - 5:38 am
WASHINGTON (AP) — U.S. employers added a modest 136,000 jobs in September, enough to help lower the unemployment rate to a new five-decade low of 3.5%. Hiring has slowed this year as the U.S.-China trade war has intensified, global growth has slowed and businesses have cut back on their investment...
Read More
FILE - In this Sept. 6, 2019, file photo passengers board a ferry that departs from Port Everglades in Fort Lauderdale, Fla. On Thursday, Sept. 26, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the April-June quarter. (AP Photo/Brynn Anderson, File)
September 26, 2019 - 6:05 am
WASHINGTON (AP) — The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth will slow further in coming quarters as global weakness and rising trade tensions exert a toll. The...
Read More
A commuter walks past a huge sign of the new pump prices of gasoline and diesel following its implementation Tuesday, Sept. 17, 2019, in suburban Valenzuela city north of Manila, Philippines. Monday saw another round of oil price increase in the country which energy officials said is not related to the recent attacks in Saudi Arabia but has cautioned the public to brace for more spikes in the coming days. (AP Photo/Bullit Marquez)
September 17, 2019 - 11:36 am
DALLAS (AP) — The price of gasoline crept higher after a weekend attack devastated Saudi Arabian oil output, but if the disruption to global supplies is short-lived, the impact on the U.S. economy will probably be modest. Prices spiked Monday by more than 14%, their biggest single-day jump in years...
Read More
With cloudy skies in Washington, President Donald Trump speaks to the media as he returns to the White House from Camp David, Sunday, Sept. 1, 2019, in Washington. (AP Photo/Jacquelyn Martin)
September 01, 2019 - 11:07 am
WASHINGTON (AP) — The United States and China on Sunday put in place their latest tariff increases on each other's goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season. President Donald Trump said U.S.-...
Read More
In this June 14, 2019, photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Friday, Aug. 30, the Commerce Department issues its July report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Richard Drew)
August 30, 2019 - 7:46 am
WASHINGTON (AP) — U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade tensions and driving the economy forward. The Commerce Department said Friday that personal incomes rose just 0.1%, the smallest gain in 10 months...
Read More
File - In this Tuesday, March 5, 2019, file photo, an employee in protective clothing works with a steel pouring ladle during a guided media tour at the steel producer Salzgitter AG in Salzgitter. The German economy shrank by 0.1 percent in the second quarter from the previous quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Markus Schreiber)
August 15, 2019 - 5:06 pm
WASHINGTON (AP) — How fragile is the global economy? The U.S.-China trade war is weakening businesses in both countries, Germany's economy shrank in the second quarter, and Britain appears headed for a disruptive exit from the European Union this fall. Those trends have hammered American...
Read More
FILE - In this July 28, 2019, file photo unsold 2019 Lincoln Navigators sit at a dealership in Englewood, Colo. On Thursday, Aug. 15, the Commerce Department releases U.S. retail sales data for July. (AP Photo/David Zalubowski, File)
August 15, 2019 - 7:41 am
WASHINGTON (AP) — Americans spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade war that have roiled financial markets have yet to dampen consumer confidence. Retail sales rose a healthy 0.7% last month after a 0.3% gain in...
Read More
In this May 10, 2019, photo, a man walks in shade of a building as other people rest at a bench in Tokyo. Japanese government data are showing Japan’s economy grew at a better-than-expected 1.8% seasonally adjusted annualized rate during the April-June quarter on healthy consumer spending and capital investment. The Cabinet Office reported Friday, Aug. 9, Japan’s gross domestic product or GDP - the total value of a nation’s goods and services - was lifted by solid spending in the private sector as well as government investment, although exports faltered.(AP Photo/Eugene Hoshiko)
August 08, 2019 - 7:59 pm
TOKYO (AP) — Japanese government data is showing Japan's economy grew at a better-than-expected 1.8% seasonally adjusted annualized rate during the April-June quarter on healthy consumer spending and capital investment. The Cabinet Office reported Friday Japan's gross domestic product or GDP — the...
Read More
Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 9:56 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
Read More

Pages