US consumer spending up 0.6 percent in September
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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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Shoppers rediscovered their urge to splurge in September, catapulting retail sales by the largest percentage gain in six months. Industrial activity was restrained, meanwhile, partly because of hurricanes.
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Existing home sales in the Unites States surged 3.1 percent in September to a seasonally adjusted annual rate of 6.75 million units, the third highest level on record, the
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US retail sales rose by more than expected in September, easing worries that growth in the world's top economy is in danger of slowing down.
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US sales of previously owned houses rose in September to the third-highest pace on record, evidence that low borrowing costs were attracting buyers and helping sustain the economic expansion.
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The US economy expanded at an annual rate of 3.7 per cent in the third quarter, which is below expectations. However, the Commerce Department says the rate has been bolstered by healthy consumer spending accompanied by the lowest inflation in decades.
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US consumer prices accelerated in September, a gain that may strengthen the Federal Reserve&#39;s resolve to increase interest rates to head off inflation as oil prices surge.
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US consumer prices increased by 0.2 percent in September following a smaller gain of 0.1 percent in August, the Labor Department reported on Tuesday.
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The Midwest Consumer Price Index was 183.6 in September, up from 179.5 in September 2003, the Bureau of Labor Statistics said Tuesday.
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Consumer prices picked up momentum in September, especially hitting the pockets of people paying for medical care, education costs and filling up gas tanks.
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The US economy expanded at a 3.7 percent annual rate in the third quarter, below expectations but still bolstered by healthy consumer spending that was accompanied
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The US economy continued to grow in September and early October despite being buffeted by rising energy costs and increased uncertainty caused by the presidential campaign
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WASHINGTON - Consumer prices rose by a modest 0.2 percent in September as a decline in prices for new cars and airline fares helped to temper a rise in costs for medical care, gasoline and fuel oil.    The rise in the Consumer Prices Index, the government's most closely watched inflation barometer, came after prices edged up by 0.1 percent in August, the Labor Department reported Tuesday...
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WASHINGTON -- Consumers boosted their spending in July by the largest amount in six months, offering hope that the current economic slowdown may not be as severe as some had feared.
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WASHINGTON - Consumer prices rose by a modest 0.2 percent in September as a decline in prices for new cars and airline fares helped to temper a rise in costs for medical care, gasoline and fuel oil. Tuesday's report suggests that inflation still is no threat to the economy...
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WASHINGTON : American consumer prices climbed a moderate 0.2 percent in the month to September, curbed by a slide in energy costs.
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US consumer prices - stoked by more expensive gasoline, fruits and vegetables - heated up in October, rising by 0.6 per cent, the biggest gain in five months.