Consumer Data Support Sturdy First-quarter Growth Picture

Reuters: Top News, Reuters
Fri, 03/29/2013 - 7:55am

Shopping - Reuters

WASHINGTON (Reuters) - Consumer spending rose in February and sentiment among Americans perked up this month, further signs of an acceleration in economic activity in the first quarter after a near stall in late 2012.

NEXT
Sections:  news   business   
RELATED ARTICLES
  • Real 'Fault in Our Stars' couple reunited by hope
    Katie and Dalton Prager, a young couple who both have cystic fibrosis, celebrated happy news when they reunited Tuesday afternoon after nearly five months apart: Katie is on her way to getting a lifesaving lung transplant. More
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More

 

Comment On This Story

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News

  • Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May
    Denver Post, Thursday - 01/16/2025 - 12:45 PM

    By ALEX VEIGA The average rate on a 30-year mortgage in the U. S. ticked up this week to slightly above 7%, the highest level in eight months. Related Articles Business | For the first time in a while, Telluride Bluegrass Festival still has tickets available Business | Trump adviser says president-elect is exploring options to “preserve” TikTok Business | NASA’s stuck astronaut steps out on a spacewalk after 7 months in orbit Business | Johnson’s Corner, famous for its cinnamon rolls, closing doors as it prepares for next chapter Business | Buc-ee’s proposal for second Colorado store near Palmer Lake sparks community pushback, lawsuit The rate rose to 7.04% from 6.93% last week, mortgage buyer Freddie Mac said Thursday.

    More | Talk | Read It Later | Share
  • 4 reasons bitcoin is poised to outperform other cryptos in 2025
    Business Insider, Thursday - 01/16/2025 - 11:54 AM

    Getty Images; Chelsea Jia Feng/BIThere's been talk that 2025 will be the year of the altcoin, but JPMorgan isn't convinced. The apex token has dominated the crypto fund space and is developing competitive use cases. Bitcoin is also a clear beneficiary of governments' crypto plans, JPMorgan argues. Bullishness is high in the cryptocurrency market and investors see tailwinds developing for the wider space beyond just bitcoin.

    More | Talk | Read It Later | Share
  • Cease-fire deal or not, Israel's Hamas problem probably isn't going away
    Business Insider, Thursday - 01/16/2025 - 11:38 AM

    AP Photo/Maya Alleruzzo, FileIsrael and Hamas appear close to a cease-fire deal to end 15 months of fighting in Gaza. The conflict has left Hamas battered, with thousands of its militants killed. But for Israel, an end to the conflict doesn't mean an end to its Hamas problem. Israel and Hamas appear close to a cease-fire deal to end more than 15 months of devastating fighting in Gaza, though it's facing something of a last-minute crisis.

    More | Talk | Read It Later | Share
  • TikTok CEO set to join other tech moguls at Trump's inauguration
    Business Insider, Thursday - 01/16/2025 - 11:36 AM

    TikTok CEO Shou Zi Chew is set to attend President-elect Donald Trump's inauguration on Monday. Chip Somodevilla via Getty ImagesTikTok CEO Shou Chew is planning to attend President-elect Donald Trump's inauguration. TikTok may go dark in the US the day before the inauguration, as dictated by a divest-or-ban law. Trump asked the Supreme Court to give TikTok more time as he seeks a political resolution.

    More | Talk | Read It Later | Share
  • Meet the billionaire owners of every NFL team
    Business Insider, Thursday - 01/16/2025 - 11:24 AM
    More | Talk | Read It Later | Share
  • Buy these 40 smaller stocks with up to 106% upside despite higher interest rates: UBS
    Business Insider, Thursday - 01/16/2025 - 11:19 AM

    Investors should shift toward smaller firms, according to UBS. Westend61/Getty Images/Westend61Large caps have consistently led small- and mid-sized companies in recent years. But smaller firms have fared well lately, despite expectations for higher interest rates. UBS shared 40 top small- and mid-cap stocks to buy now. A forgettable multi-year stretch for smaller stocks could end in 2025, researchers at UBS say — even though key risks are looming over the cohort.

    More | Talk | Read It Later | Share