Consumer Spending Up in April; Confidence Down in May
Consumer spending climbed in April by the most in almost seven years, but consumer confidence unexpectedly fell in May to the lowest level in six months, according to two reports released May 31.
May 31, 2016Consumer Sentiment in US Increases Less Than Forecast in May
Consumer confidence in the United States climbed less than forecast in May as Americans were a little less ebullient about the economy’s prospects in the run up to the presidential election, the University of Michigan’s report showed May 27.
May 27, 2016Consumer Prices Climbed in April by Most Since 2013
The cost of living in the U.S. climbed in April by the most in three years, an indication that inflation may be picking up toward the Federal Reserve’s goal.
May 17, 2016Consumer Sentiment Jumps to Highest Level in a Year
Consumer confidence in the U.S. jumped in May to the highest level in almost a year, propelled by the strongest views on inflation-adjusted income gains in a decade.
Retail Sales Rise Most in a Year, Marking US Consumer Comeback
Sales at retailers jumped in April by the most in a year, indicating consumer spending will help the U.S. economy recover from a slowdown earlier this year.
Consumer Comfort Drops to Five-Month Low on Economic Views
Consumer confidence fell last week to a five-month low as Americans became more downbeat about the economy, Bloomberg Consumer Comfort data showed May 12.
Consumer Sentiment Declines to Seven-Month Low in April
Consumer confidence fell to a seven-month low in April as Americans’ expectations about economic growth dropped to the lowest point since September 2014.
Spending Rises Less Than Forecast as Americans Boost Savings
Consumer spending rose less than forecast in March, wrapping up the weakest quarter in a year for the biggest part of the U.S. economy even as incomes accelerated.
Consumer Sentiment Falls on Concerns Over Wages, Elections
Consumer confidence unexpectedly fell in April to the weakest level in seven months as Americans were rattled by unsatisfying wage growth and concern over how the upcoming presidential election would impact the economy.
Core Consumer Prices Cool, Signaling That Recent Pickup May Be Fading
The cost of living in the United States excluding food and fuel rose less than forecast in March, bearing out Federal Reserve Chair Janet Yellen’s forecast that the recent pickup would prove fleeting.