Consumer spending may be set to emerge from a weak first quarter as Americans last week became more upbeat about the buying climate than at any time in the last 15 years and optimism about personal finances reached a decade high, Bloomberg Consumer Comfort Index figures showed May 25.
May 25, 2017consumer News Updates
Post-Election Rally Fades for Americans' Economic Expectations
This month’s slide in Americans’ economic expectations to the lowest level since November indicates the euphoria about U.S. growth prospects since the election has diminished, Bloomberg Consumer Comfort Index figures showed May 18.
May 18, 2017It's Back to Steady for US Economy as Retail Sales, CPI Rise
Data released May 12 showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory.
May 12, 2017Four-Month High in Consumer Sentiment to Sustain Spending
A four-month high in consumer confidence indicates Americans remain optimistic about their incomes, helping to support steady growth in spending this year, University of Michigan survey data showed May 12.
May 12, 2017Rebound in Consumer Prices Shows Inflation Stabilizing
A rebound in U.S. consumer prices in April signals inflation is stabilizing, supporting the case for Federal Reserve policymakers to raise interest rates, Labor Department figures showed May 12.
May 12, 2017Six-Week Low in US Consumer Comfort Shows Optimism Is Easing
An easing of Americans’ sunny economic views indicates consumers may need some better news for confidence to sustain its post-election pickup, Bloomberg News Consumer Comfort Index figures showed May 11.
May 11, 2017Consumer Sentiment Little Changed in April
Household sentiment was little changed in April from the previous month, holding at an elevated level on optimism about personal finances, University of Michigan survey data showed.
April 28, 2017Consumer Prices Fall 0.3%, First Decline in a Year
The cost of living in the United States declined in March for the first time since February 2016, showing inflation is moving up only gradually, a Labor Department report showed April 14.
April 14, 2017Consumer Sentiment Rises as Household Finances Improve
Consumer confidence rose in March as Americans were more satisfied than any time in 16 years with the current state of their finances and the economy, while remaining sharply divided along party lines about the outlook.
March 17, 2017Consumer Prices Show Biggest Annual Increase Since 2012
The U.S. cost of living rose in February, while prices increased from a year ago by the most since March 2012, reinforcing the view that inflation is in line with the Federal Reserve’s goal.
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