Posted by Reuters: Business News on January 30, 2012
WASHINGTON (Reuters) – U.S. consumer spending was flat in December as households put the largest rise in income in nine months into their savings, potentially signaling slower consumption early in 2012.
Posted by Reuters: Business News on December 23, 2011
WASHINGTON (Reuters) – U.S. consumer spending was tepid in November and a gauge of business investment plans fell for a second month, pointing to some loss of momentum in the economy as the year ends.
Posted by Reuters: Business News on November 25, 2011
HONG KONG (Reuters) – Apparel brand Gap Inc said on Friday that it aims to triple its store network in China next year, one of the latest foreign brands to target the country’s consumer spending growth.
Posted by Reuters: Business News on November 2, 2011
LONDON (Reuters) – MillerCoors, the second-largest brewer in the United States, said its third-quarter net income fell 14.1 percent on Wednesday due to a weak economy, low consumer spending and higher commodity costs.
Posted by Reuters: Business News on October 28, 2011
WASHINGTON (Reuters) – Sluggish income growth led U.S. households to cut back on saving in September to raise their spending, showing the economy’s recovery remains fragile.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – Sluggish growth in U.S. consumer income in September led households to cut back on saving to increase their spending, casting doubts over the durability of the economy’s third-quarter growth spurt.
Posted by Reuters: Business News on September 30, 2011
WASHINGTON (Reuters) – Incomes fell for the first time in nearly two years in August and consumers dug into their savings to keep spending, according to a government report that showed the impact of the weak jobs market.
Posted by Reuters: Business News on September 29, 2011
WASHINGTON (Reuters) – The economy grew slightly more than previously reported in the second quarter, helped by consumer spending and export growth that was stronger than earlier estimated, according to a government report on Thursday that pointed to slow growth rather than a recession.
Posted by The Distressed Debt Report on September 28, 2011
A significant reduction in consumer spending is expected during the final quarter of the year, which…
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Posted by Reuters: Business News on August 29, 2011
NEW YORK (Reuters) – Stocks extended gains on Monday with the Nasdaq rising three percent after a merger between two big banks in Greece and a rebound in consumer spending boosted appetite for risky assets.
