Us Consumer Spending Up 0.3 Percent In April

Consumer spending edged up modestly in April but personal income growth was the slowest in five months, raising concerns about the ability of Americans to keep spending in the future.

Sections:  news   business   
Topics:  consumer spending   economy   income growth   
RELATED ARTICLES
  • 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
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
  • HUL continues to focus on quality, category development rather than reacting to short-term market fluctuations: CEO Rohit Jawa
    In Q2FY25, HUL reported a revenue growth of 1.5% YoY, mainly due to growth in the home care segment, while beauty & personal care and foods & refreshment segments declined ...
    11/15/2024 - 3:57 pm | View Link
  • Americans kept on shopping last month; white-collar layoffs are coming at General Motors
    Sales in some categories fell — furniture stores, clothing outlets and drug stores, among them — though economists said that weakness likely resulted, at least in part, from last month's hurricanes.
    11/15/2024 - 9:16 am | View Link
  • Retail Sales Rise in October as Consumer Spending Stays Strong
    The U.S. Commerce Department says consumers boosted their spending last month, signaling continued growth in the nation's economy.
    11/15/2024 - 6:11 am | View Link
  • Japan's GDP grows 0.9% in July-Sept. on solid consumption
    Japan's economy grew an annualized real 0.9 percent in the three months through September, supported by solid consumer spending due t ...
    11/14/2024 - 4:28 pm | View Link
  • S&P: Holiday 2024 Sales Growth Will Fall Short of 2023
    Additionally, the late Thanksgiving holiday will result in five fewer shopping days than last year, which may weigh on sales,” S&P wrote in its 2024 Sales Outlook. “However, a loosening but resilient ...
    11/14/2024 - 9:25 am | View Link
  • More

 

Comment On This Story

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

More Business News