Manufacturing, Consumer Spending Grow
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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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New orders for long-lasting U.S.-made manufactured goods rose by a much bigger-than-expected 5.2 percent  and a key gauge of business spending also surged, the government reported.
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Consumer spending rose at the  fastest rate in more than two years in November and prices also  climbed sharply, according to a government report on Friday  that showed the economy on firmer ground than many had  believed.
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Heavy consumer spending in the United States strains the global economy and also sustains it.
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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 that the economy will not stumble into a recession this year.
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US consumer spending rose in October as a surge in hiring led to the biggest rise in incomes in five months, a government report showed.
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US consumers spend more in May than the month before, encouraged by higher personal income.
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The economy &#151; helped out by more brisk consumer and business spending &#151; grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.
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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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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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Consumer spending south of the border increased at a more modest rate last month after a big jump in October, according to a report Thursday from the US Commerce Department.
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New orders for long-lasting U.S.-made manufactured goods rose by a much bigger-than-expected 5.2 percent in December and a key gauge of business spending also surged, a Commerce Department report showed on Tuesday.
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The economy -- helped out by more brisk consumer and business spending -- grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.
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WASHINGTON -- Consumers boosted their spending in May as their incomes grew solidly, an encouraging sign that high gasoline prices haven't killed people's appetite to buy. Inflation moderated.
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The nation's manufacturing sector extended its growth streak to a fourth consecutive month in May, overcoming worries about inflation, soaring gas prices and the broader economy's sluggishness, a research group said Friday.
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The nation&#39;s economy grew at a moderately strong pace in the three months ending Sept. 30, driven by solid gains in consumer spending, the Commerce Department reported Friday.
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Robust consumer spending on cars,  furniture and food helped the U.S. economy advance faster than  first thought in the third quarter, a government report showed,  while underlying inflation was the tamest in decades.