Fed Beige Book: US economy expands at moderate pace, fueled by consumer spending, auto sales

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BING NEWS:
  • Auto sales get year-end boost from Trump’s threat to end EV tax credits
    Overall EV sales gained 12%, pushing the full-year total to a record 1.3 million, according to forecasts from researcher Cox Automotive.
    01/3/2025 - 7:08 am | View Link
  • Holiday Sales Top Estimates With Boost From Online Shopping, Mastercard Says
    Holiday retail sales rose 3.8% year-over-year, topping earlier estimates with a boost from online shopping, according to Mastercard.
    12/26/2024 - 4:51 am | View Link
  • Holiday Sales Reveal a Split in Consumer Spending
    Gains were ​driven by households earning $100,000​ or more, while retailers and brands ​experienced a pullback by lower-income shoppers.
    12/26/2024 - 12:12 am | View Link
  • Discounts Boost December Auto Sales; More Cars, Trucks To Choose From
    U.S. auto sales are expected to be around 1.5 million, an increase of 7.3% vs. December 2023, according to a joint forecast from J.D. Power and GlobalData.
    12/23/2024 - 4:29 am | View Link
  • Auto Sales Accelerate: Economic Boost from Car Deals & Loans
    As shoppers hit the stores, an unexpected boom in car purchases is making waves in the retail world. Recent federal data has revealed a significant 2.6 percent increase in spending at car dealerships, ...
    12/18/2024 - 4:22 am | View Link
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