Consumer Spending Stronger Than Expected
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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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Consumer spending accelerated in October as a surge in hiring led to the biggest rise in incomes in five months.
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U.S. incomes rose much more sharply  than expected in January, while spending and core consumer  price growth also outpaced forecasts, a government report  showed on Thursday.
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Spending by Americans shopping online  during this year's holiday season rose 24 percent to $8.8  billion, with sharp gains in purchases of clothing and  entertainment, Web company VeriSign Inc. VRSN.O said on  Thursday.
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Market research firm reports online spending was strong this holiday season, up 19 percent from last year.
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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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Consumer spending rebounded sharply July, government data showed Monday, erasing the disappointment of June and bolstering hopes that the US economy has recovered from its recent soft spot.
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The consumer spending in the United States increased by a strong 0.6 percent in September led by a surge in spending on durable goods, the Commerce Department reported on Monday.
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The U.S. economy grew at a stronger  pace than expected in the final quarter of 2006 without raising  inflation pressures, government data showed on Wednesday, as  robust consumer spending more than offset the biggest slump in  housing in 15 years.
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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 emerged from a slump and rebounded in July as households dipped aggressively into their pocketbooks after an unexpected spell of restraint in June.
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U.S. consumers spent at a   stronger-than-expected pace in August and import prices rose   steadily, according to government reports on Thursday that   hinted the economy may not be slowing quickly enough to curb   inflation pressures.
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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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Recent consumer spending suggests that the economy may not be slowing as suddenly as some economists had thought.
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US consumers spend more in May than the month before, encouraged by higher personal income.
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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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US consumers were more upbeat than expected in May, a survey says, helped by a strong stock market.