Consumers Send Upbeat Signals on Growth
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U.S. consumers shrugged off record  oil prices to keep spending at the start of the fourth quarter,  data on Friday showed, in an upbeat sign for growth that may  presage another Federal Reserve rate hike in December.
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Consumer confidence bounced back unexpectedly in May, helped by optimism about the job market.
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U.S. consumers' mood brightened slightly in January on a more favorable view of the labor market, a survey showed on Tuesday.
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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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A widely watched indicator of consumer confidence unexpectedly rose for the second month in a row in January, hinting that the economy would continue to grow in the first half of 2005, a private research group reported Tuesday.
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This retailer joins the in crowd -- retailers with good news for a change.
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NEW YORK Aug. 27, 2004 - Consumers became a bit more optimistic toward the end of the August but still felt more cautious on the US economy than they did a month ago, according to survey by the University of Michigan.
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U.S. consumers and investors became more optimistic in May as a rising stock market provided a buffer from the first drop in home values in 16 years, according to reports published on Tuesday.
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Wall Street resumed its year-end rally, bolstered by a new report which showed consumer confidence had jumped sharply in recent weeks.
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Consumers' mood brightened a bit in January, defying expectations driven by the constant drumbeat of talk about a possible recession, weak jobs market and falling stock prices.
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U.S. 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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By George Chamberlin , Daily Transcript Financial Correspondent. Rising residential real estate values have been a blessing for many households.
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There's more to growth than just a high growth rate.
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Improving labor market conditions and cheaper energy prices led to a sharp increase in a widely watched indicator of consumer confidence in the economy in December, a good sign for growth heading into the new year.
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Consumer confidence bounced back unexpectedly in May, helped by optimism about the job market even as shoppers' concerns about gasoline price-driven inflation increased
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A widely watched indicator of consumer confidence unexpectedly rose for the second straight month in January, hinting that the US economy would continue to grow in the first half of 2005, but at a slower pace.
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The national economy grew at a solid rate in the last three months, boosted by a rebound in consumer spending and another strong quarter of business investment, the Commerce Department reported yesterday.