Consumers Keep Spending, Latest Data Show
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U.S. consumers shrugged off record  oil prices to lift spending at the start of the fourth quarter,  data on Friday showed, in an upbeat sign for growth that may  signal another Federal Reserve rate hike in December.
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Consumers shrugged off rising energy costs and kept spending in October, boosting retail sales and supporting forecasts of a solid holiday season ahead for retailers.
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Consumer spending grew in April at the fastest pace in three months but much of that spending went to pay for higher gasoline prices. Rising price pressures pushed a key gauge of inflation favored by the Federal Reserve up by the largest amount in 13 months.
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Consumers continued to spend at a  stronger-than-expected pace in August as lower gasoline prices  helped spur spending in other areas, pushing up retail sales by  an unexpected 0.2 percent, a government report showed on  Thursday.
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Record purchases of gift tokens and online presents drove up preliminary consumer spending estimates in the US on Monday but clouded attempts to predict retail store sales.
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U.S. consumer spending rose a sharper-than-expected 0.7 percent in October, but rising food and energy prices ate up much of that gain, a government report showed on Wednesday.
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U.S. consumers shrugged off record  oil prices to keep spending at the start of the fourth quarter,  data on Friday showed, in an upbeat sign for growth that may  presage another Federal Reserve rate hike in December.
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Shoppers spent more freely in July as consumer spending rose slightly, though tepid growth in personal income raised concern about whether the trend will continue.
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Online consumers in the United  States spent $8.8 billion, excluding travel purchases, in  November, a 19 percent jump over the $7.4 billion spent online  a year earlier, a report released on Monday said.
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WASHINGTON - After taking a rest in June, the nation's consumers were full of energy last month, boosting their spending by 0.8 percent, a hopeful sign the economy may be emerging from a summer funk.    The over-the-month increase in consumer spending, reported by the Commerce Department on Monday, marked a turnaround from the 0.2 percent decline registered in June, when high energy prices and a sluggish job market made for more cautious buyers...
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The number of overweight Americans is holding steady as U.S. consumers are becoming more aware of what they eat, an annual report by market research firm The NPD Group said.
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Yet questions still linger about how strong consumer spending will be in the months ahead.
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Online consumers in the United States spent $8.8 billion, excluding travel purchases, in November, a 19 percent jump over the $7.4 billion spent online a year earlier, a report released Monday said.
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U.S. consumers will curb spending this year after being hit by continued troubles in the housing sector, but business investment is set to pick up, adding to economic growth later this year, according to a survey of economists released on Sunday.
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U.S. consumers spent heartily in  July on goods ranging from cars to electronics as sales at  retail stores rose a greater-than-expected 1.4 percent, a  government report on Friday showed, suggesting the economy  still had spark.
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U.S. consumers spent an estimated $535 more on gasoline in the past year, but some consumer goods categories benefited as people shifted away from luxuries such as dining out and stayed home, according to a new study.
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U.S. consumer spending rebounded sharply July, government data showed on Monday, erasing the disappointment of June and bolstering hopes that the U.S. economy has recovered from its recent soft spot.