Tag Archives: PCE

Consumer spending slows, but inflation is rising

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending barely rose in February amid delays in the payment of income tax refunds, yet the biggest annual increase in inflation in…

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U.S. consumer spending gains steam; inflation stirring

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending rose solidly in January & underlying inflation picked up by the most in four years, keeping Federal Reserve interest rate increases…

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Fed to raise rates again in March, follow up with fewer hikes: poll

By Sumanta Dey (Reuters) – The U.S. Federal Reserve will raise interest rates again in the next three months, according to two-thirds of economists polled by Reuters, although many say…

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Weak U.S. data clouds December rate hike possibility

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending in September recorded its smallest gain in eight months as personal income barely rose, suggesting some cooling in domestic demand after…

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U.S. consumer spending gain smallest in eight months

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending in September recorded its smallest gain in eight months as personal income barely rose, suggesting some cooling in domestic demand after…

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Inventories hurt U.S. third-quarter GDP, domestic demand strong

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth braked sharply in the third quarter as businesses cut back on restocking warehouses to work off an inventory glut, yet solid…

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U.S. factory activity dips; consumer spending cools

By Lucia Mutikani WASHINGTON (Reuters) – U.S. factory activity slipped in July & consumer spending advanced at its slowest pace in four months in June, indicating that the economy had…

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Weak auto demand crimps U.S. consumer spending

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending in June advanced at its slowest pace in four months as demand for automobiles softened, suggesting the economy lost some momentum…

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Auto sales crimp U.S. consumer spending; inflation muted

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending in June advanced at its slowest pace in fourth months as demand for automobiles softened, suggesting the economy lost some momentum…

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Robust U.S. consumer spending buoys economic growth outlook

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending recorded its largest increase in nearly six years in May on strong demand for automobiles & other big-ticket items, further evidence…

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