Consumers stay in spending mode
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Consumers lost a little of their enthusiasm for auto purchases last month but spent like mad in a number of other areas, including clothing and gasoline, the Commerce Department reported Friday.
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WASHINGTON Worry about debt is weighing on shoppers this holiday season. But it&#39;s not keeping them from paying with plastic. Those are the findings of an Associated Press poll.
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Shoppers spent more freely in July, raising hopes that June&#39;s economic lull could be coming to an end. The Commerce Department reported Monday that consumers, key shapers of US economic activity, boosted spending
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US consumers took advantage of cut price cars in December to keep US retail sales on the fast track at the end of a year in which they spent more than four trillion dollars for the first time.
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WASHINGTON -- Battered consumers, faced with weak income growth and rising inflation, trimmed their spending in August by the largest amount in nearly a year. The Commerce Department reported Friday that consumer spending, after adjusting for inflation, dropped by 0.1 percent last month, the first...
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WASHINGTON Aug. 30, 2004 - After taking a rest in June, the nation&#39;s consumers were full of energy last month, boosting their spending by a strong 0.8 percent, a hopeful sign the economy may be emerging from a summer funk.
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It might be trying to win the hearts and minds of consumers, but the company hasn't forgotten that its biggest customers still pay the bills.
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The Commerce Department said consumer spending rose by 0.4 percent in July, double the June increase. The spending was supported by a solid 0.5 percent rise in incomes.
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WASHINGTON -- Consumers increased their spending in July by the largest amount in six months and the back-to-school shopping season got off to a strong start in August, boosting hopes the economy will not stumble into a recession this year.
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U.S. consumers are in good financial  shape, a top Fed official said on Monday, dismissing fears that  high levels of household debt are unsustainable.
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Spending rose slightly more than expected, while personal income rose 0.5 percent, the government said. For all of 2007, consumer spending grew by 5.5 percent, the weakest growth since 2003.
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As holiday shopping reaches the homestretch, consumers who are far removed from Madison Avenue and Rodeo Drive say they are holding down their spending.
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Focus on consumers' everyday needs.
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Consumers continued to curtail their spending last month as rising gasoline prices dampened purchases of other goods, a fresh indication of a cooling economy.
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As holiday shopping reaches the home stretch, consumers who are far removed from Madison Avenue and Rodeo Drive say they are holding down their spending.
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Consumers kept a closer eye on their wallets as they moved into the holiday shopping season, boosting their spending by a modest 0.2 percent in November.
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Battered consumers, faced with weak income growth and rising inflation, trimmed their spending in August by the largest amount in nearly a year. The Commerce Department reported Friday that consumer spending, after adjusting for inflation, dropped by 0.1 percent last month, the first decline since a 0.3 percent fall in September 2005, a month when business activity was disrupted by Hurricane Katrina.