US consumers tighten purse strings in August
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US consumer spending, a key pillar of the nation&#39;s economy, was flat in August as Americans reacted to surging gasoline prices.
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U.S. consumer confidence fell sharply in August, breaking four straight months of gains, as a slowdown in job creation and rising oil prices weighed on sentiment.
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US consumer confidence sank in August while Chicago-area business activity slowed, according to reports on Tuesday that added to worries the economy&#39;s patch of sluggish growth may last beyond the summer.
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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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August presented a challenge for yet another retailer.
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US retail sales fell 0.3% in August as rising energy costs and bad weather persuaded shoppers to reduce their spending.
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WASHINGTON -- Consumers battered by weak income growth and rising inflation cut their spending in August. But analysts said a consumer confidence rebound in September should limit damage to the economy.
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A closely watched gauge of future business activity fell in August for a third consecutive month, evidence that companies and consumers continue to navigate an uncertain economic climate.
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U.S. consumer sentiment was stronger   than expected in August, a report showed on Friday, though   expectations of the future economic situation worsened.
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Consumers' renewed worries about job prospects led to a bigger-than-expected drop in confidence in August and suggested the economic expansion is fragile.
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U.S. consumer spending slipped in   August but falling gasoline prices elevated shoppers' moods by   September and Midwest factory activity picked up as well,   according to reports on Friday that suggested the economy was   still motoring along.
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Americans' faith in the economy tumbled in August to a nine-month low, which could translate to tightened purse strings if job growth stumbles or fuel costs rebound.
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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.
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U.S. consumer spending slipped in August but falling gasoline prices elevated shoppers' moods by September and Midwest factory activity picked up as well, according to reports on Friday that suggested the economy was still motoring along.
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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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U.S. consumer sentiment picked up  above expectations in late August after declining earlier in  the month as oil prices eased from record highs and security  fears abated, according to sources who saw a survey on Friday.
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A string of government reports on  Thursday offered a mixed picture of the U.S. economy while  unexpectedly poor August sales at many major U.S. retailers  fanned fears about consumer spending.