united states consumer spending news - Search News

US economy grows 2.8% in 3rd quarter

Newsweek on MSN · 8h

US Economy Posts Solid 2.8 Percent Growth in Q3, Consumer Spending Leads

The U.S. economy grew at an annualized 2.8 percent pace in the third quarter, driven by strong consumer spending and rising exports, according to revised data released by the Commerce Department. Though slightly slower than the previous quarter's 3 percent growth, the report highlights the economy's gradual fight against inflationary pressures.

The Associated Press on MSN · 2h

US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate

Within the GDP data, a category that measures the economy’s underlying strength rose at a solid 3.2% annual rate from July through September, up from 2.7% in the April-June quarter. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending.

The Times of India on MSN · 11h

US economy grows 2.8% in third quarter as consumer spending surge

The US economy expanded by a solid 2.8% in the third quarter, fueled by consumer spending and exports. While growth slowed slightly, it marked the eighth quarter above 2% in the past nine. Despite this,

PCE Inflation Rate Ticks Higher, Keeping Fed On Fence

Reuters on MSN · 8h

US consumer spending rises solidly, inflation appears stuck above Fed target

U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth quarter, but progress on lowering inflation appears to have stalled in recent months.

MarketWatch on MSN · 5h

Treasury yields drop even though PCE inflation reading edges up from Fed’s target

Treasury yields were falling Wednesday afternoon as traders extended into longer-duration bonds following a barrage of pre-Thanksgiving economic data. Of note, the personal-consumption expenditures inflation gauge moved further away from the Federal Reserve’s target.

PCE Inflation Rate Ticks Higher, Keeping Fed On The Fence; S&P 500 Slips

The Federal Reserve's primary inflation rate, tied to the core PCE price index, ticked higher in October, adding uncertainty to prospects for a December rate cut. The S&P 500 was slightly lower after the release as investors processed the implications for the Fed outlook.

11h

Consumer spending climbs ahead of holidays. Households far from tapped out.

Consumer spending rose at a healthy pace in October and fueled a U.S. economic expansion that shows no sign of slowing in the ...

9hon MSN

US consumer price increases accelerated last month with inflation pressures resilient

Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...

6h

Soft landing? Not so fast: Inflation heated back up in October

The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump ...

11h

Holiday spending in 2024 may hit record $989 billion. What will it mean for real estate?

How retailers' sales and financial performance hold up in the final few weeks of the year could inform how they plan for ...

5d

Surprising Trends in American Spending Habits You Need to Know

Consumer spending is refers to all consumption final goods and services for current personal and household use, and includes ...

Atlanta Daily World13h

The Carr Report: Celebrations keep you BROKE!

The ill effects on finances as a result of divorce due to child support, alimony, reduction in income, Being financially ...

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