Rebound in US consumer spending
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US consumer spending rebounded in July, a sign the economy may be emerging from an early summer decline. Consumer spending rose 0.8% last month, boosted by car and retail sales.
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Consumer spending rebounded in September while manufacturing activity expanded in October, though at a slower pace than the previous month, providing further evidence of continued but moderating economic growth on the eve of the presidential election.
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America's consumers came off a buying binge and were somewhat less jolly spenders in November. New-home sales, meanwhile, cooled from a record high, while demand for big-ticket manufactured goods rebounded.
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According to Stuart Hoffman, chief economist at PNC Financial Services Group, &#39;Consumer spending rebounded on the strength of rebate-induced auto sales.
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Stocks rose on Wednesday after data pointing to strength in consumer spending boosted optimism about profit growth and as bond yields retreated from five-year highs.
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Recent consumer spending suggests that the economy may not be slowing as suddenly as some economists had thought.
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U.S. consumer spending rebounded  sharply in 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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American consumers, who substantially slowed down their spending in late summer, roared back to life in September, boosting their purchases by 0.6 per cent.
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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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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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Retailers rebounded from their disappointing holiday season as shoppers redeemed gift cards to buy winter and spring merchandise.
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Americans spent and earned slightly more money in November than in the previous month and orders to factories for durable goods rebounded, showing
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WASHINGTON - Americaâs consumers came off a buying binge and were less jolly spenders in November. Newhome sales, meanwhile, cooled from a record high, while demand for big-ticket manufactured goods rebounded.
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Robust consumer spending on cars,  furniture and food helped power U.S. economic growth forward in  the third quarter at a faster pace than previously thought, the  government said on Tuesday, while underlying inflation was the  tamest in decades.
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U.S. claims for jobless benefits jumped last week, while consumer spending was unexpectedly flat in August as shoppers closed their wallets after splashing out the previous month, the government said on Thursday.
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Robust consumer spending during the third quarter helped the US economy advance faster than first thought, a government report showed on Tuesday, while underlying inflation was the tamest in decades.
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Consumer spending emerged from a slump and rebounded in July as households dipped aggressively into their pocketbooks after an unexpected spell of restraint in June.