Economy, Consumer Spending

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.
US economy grows at 2.8% pace in third quarter on consumer spending
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial
US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending as inflation continued to cool.
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,
US GDP expands at a solid 2.8pc pace, helped by consumer spending
The report showcases the durability of an economic expansion that’s been tested by lingering price pressures, high borrowing costs and political uncertainty.
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial
US economy grows at solid 2.8% pace in third quarter on consumer spending, exports, unchanged from initial estimate
US economy grows at solid 2.8% pace in third quarter on consumer spending, exports, unchanged from initial estimate
US economy grows at 2.8% pace in Q3 on consumer spending
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.
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 ...
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 ...
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 ...
Holiday consumer spending is up from 2023
ABC News’ Becky Worley has the latest consumer spending data and when to expect the best shopping deals this holiday season.
US consumer confidence ticks higher on better outlook for hiring
Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring.
Does government spending cause inflation, and did Biden-Harris make it worse?
Prices rose 2.6% between October 2023 and the same month in 2024, an unremarkable figure. Yet, inflation seems to be on ...
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 ...
US Economy: GDP Grows at 2.8%, Jobless Claims Fall
Let's start with initial jobless claims. 213,000 that is down from a revised 215 was 213 last week. So basically no change.