Consumer Spending Flat, Jobless Claims Up
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Consumers were tightfisted with their money amid soaring gasoline costs in August and hurricane-related disruptions sent applications for jobless benefits to their highest level in seven months.
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Consumers&#39; assessment of the economy held largely steady this month, according to a university research report released Friday.
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The number of Americans filing initial claims for jobless benefits rose less than forecast last week and held below the year&#39;s average, a government report showed today.
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U.S. consumer prices and core  consumer prices were unexpectedly flat in November as energy  and transportation costs fell, according to a government report  on Friday that eased inflation worries.
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Consumer spending climbed 0.6% in September, in line with expectations, as shoppers splashed out after showing restraint the month before, government data showed Monday.
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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.
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Consumer spending was flat in August even though incomes rose, the Commerce Department reported yesterday, providing more mixed signals about the economy&#39;s recent strength.
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U.S. consumer spending rebounded  sharply in July, the government said on Monday, erasing the  disappointment of June and bolstering hopes that the U.S.  economy has recovered from its recent soft spot.
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After taking a rest in June, the nation'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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Consumers' assessment of the economy held largely steady this month, according to a university research report released Friday.
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The number of U.S. workers filing   new claims for jobless aid rose slightly last week, while a   forward-looking economic gauge hit its lowest in nearly a year,   according to data on Thursday that painted a picture of modest   growth.
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US consumer spending climbed 0.6 percent in September, in line with expectations, as shoppers splashed out after showing restraint the month before, government data showed on Monday.
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U.S. consumer spending edged up a  slim 0.2 percent in November, much weaker than October's robust  0.8 percent jump as purchases of new cars dropped sharply, a  government report on Thursday showed.
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U.S. consumer spending rose a  sharper-than-expected 0.7 percent in October, showing the  economy off to a solid fourth-quarter start despite a step-up  in inflation, a government report showed on Wednesday.
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The number of Americans filing initial claims for jobless pay rose last week to 333,000, the Labor Department said on Wednesday, but was still lower than expected by Wall Street.
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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.
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The number of Americans lining up to  claim an initial week of jobless aid rose less than expected  last week, according to a report on Thursday that the Labor  Department said was unaffected by recent hurricanes.