Consumer Comfort Falls for Second Week
Americans’ confidence retreated for a second week as consumers’ assessment of the buying climate deteriorated on the heels of higher fuel prices, Bloomberg Consumer Comfort Index figures showed Sept. 14.
Consumer Confidence Reaches Second-Highest Level Since 2000
A pickup in consumer confidence to the second-highest level since late 2000 provide a basis for steady gains in spending, according to figures Aug. 29 from the New York-based Conference Board.
August 29, 2017Consumer Comfort Is at a 16-Year High
Consumer confidence, including views about the U.S. economy, advanced again last week to a 16-year high, indicating spending will remain solid, according to Bloomberg Consumer Comfort data released Aug. 24.
August 24, 2017Broad-Based Advance in Retail Sales Shows Solid Spending
U.S. retail sales advanced in July by the most this year, with widespread gains from department stores to building materials outlets that signal a robust start to consumer spending in the third quarter, according to Commerce Department figures released Aug. 15.
August 15, 2017Consumer Prices Up 0.1% in July; Fed Signals Plans for Third Interest Rate Hike
WASHINGTON — Consumer prices posted a slight gain in July, with higher costs for medical care and clothing offsetting declines for hotel stays and consumer cellphone plans.
August 11, 2017Consumer Comfort Reaches 16-Year High on Economic Optimism
Americans last week registered their strongest optimism in 16 years on more upbeat views about the state of the economy, their personal finances and the buying atmosphere, according to Bloomberg News Consumer Comfort data released Aug. 10
Weaker Prospects for Incomes Weigh on US Consumer Sentiment
Less enthusiasm about prospects for the U.S. economy and personal finances sent consumer sentiment to a nine-month low in July, survey data from the University of Michigan showed July 28.
Group Devises Recommendations to Protect Consumers Against Mover Fraud
A federally appointed working group on household goods tackled recommendations for the Federal Motor Carrier Safety Administration that aim to better inform consumers of moving fraud and streamline paperwork for brokerage and moving companies.
US First-Quarter Growth Revised Up to 1.4% on Consumption
The U.S. economy’s first-quarter growth was less tepid than previously reported, as consumer spending and trade added more to expansion.
Drop in Retail Sales Signals Uneven Consumer Spending
U.S. retail sales fell in May by the most since the start of 2016, reflecting broad declines in categories such as motor vehicles and electronics, Commerce Department figures showed June 14.