Spending by Consumers Rises Less Than Expected
Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006.
Consumer Spending Rises as Fuel Costs Fall
Consumer purchases adjusted for inflation rose in January, a sign the plunge in gasoline prices is helping boost the biggest part of the U.S. economy.
Consumer Spending Drops by Most in Five Years
Consumer spending fell in December as households took a breather from the break-neck pace of buying that characterized the fourth quarter.
February 2, 2015Congress Debates Spending Bill
House Democratic opposition to relaxing a key financial measure was holding up passage of a $1 trillion omnibus funding bill that includes a suspension of the hours-of-service restart provision as Transport Topics went to press.
December 15, 2014Federal Spending on Transportation Benefits All Job Sectors, Study Says
A coalition of road builders and labor unions has released a study that details how federal spending on transportation infrastructure boosts the economy by creating jobs beyond the construction sector.
Construction Spending Rises 1.1%
Construction spending rose 1.1% in October, the Commerce Department reported Dec. 2.
December 2, 2014Consumers Stay Within Means as US Spending Matches Income
Consumer spending in the United States climbed in October at the same pace as incomes, showing households are staying within their means as the holiday-shopping season begins.
November 26, 2014Consumer Spending Drops as Incomes Cool
Consumer spending in the U.S. unexpectedly dropped in September as incomes rose at the slowest pace of the year, indicating the economy will have difficulty sustaining a pickup in growth into the end of the year.
October 31, 2014Personal Spending Rises by Most in Three Months
Personal spending rose by the most in three months in June, rising 0.4%, the Commerce Department reported Aug. 1.
August 1, 2014White House Promotes Private Sector in New Infrastructure Initiative, Urges Congress to Act
President Obama on July 17 signed an initiative aimed at helping state agencies connect with private-sector investors to upgrade the country’s aging transportation infrastructure.