Consumer Spending

Consumer Spending For July Slightly Under Expectations
Consumer Spending For July Slightly Under Expectations
September 01, 2017  |  Consumer Finance

The Commerce Department said consumer spending in the U.S. saw a uptick that was slightly under what was expected in July, while the annual rate...

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US Consumer Debt — Ten Years Later
US Consumer Debt — Ten Years Later
August 18, 2017  |  Debt

The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places.  And...

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Consumer Spending Is Up — They Just Aren’t Shopping In Stores
Consumer Spending Is Up — They Just Aren’t Shopping In Stores
August 16, 2017  |  Retail

Solid growth in retail sales should presumably be good news for America’s retailers — but as it turns out, those gains only accrued to the...

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Amazon Prime Day Boosts Overall Retail Sales
Amazon Prime Day Boosts Overall Retail Sales
August 15, 2017  |  Retail

It’s no secret that Amazon is giving most retailers a run for their money. Over the past few years, the eCommerce giant has grown by...

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Fed Holds Line on Rate Hikes, But Concerns Linger
Fed Holds Line on Rate Hikes, But Concerns Linger
August 02, 2017  |  Economy

Last Wednesday, at its most recent meeting, the Federal Reserve held back on raising interest rates.  The move, or in this case, non-move, had been...

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GDP Growth Rebounds in 2Q, Consumer Spending Up  
GDP Growth Rebounds in 2Q, Consumer Spending Up  
July 28, 2017  |  Economy

Looks like the United States economy may be picking up steam. Numbers from the Commerce Department on Friday showed that gross domestic product gathered momentum...

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U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Report Finds Back-To-School Shopping Starting Earlier, Lasting Longer
Report Finds Back-To-School Shopping Starting Earlier, Lasting Longer
July 11, 2017  |  Consumer Finance

A new report from The NPD Group has revealed that when it comes to back-to-school shopping, consumer spending has become less consistent and predictable in...

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New Trade Association U.K. Finance Has Been Formed
New Trade Association U.K. Finance Has Been Formed
July 04, 2017  |  Banking

The U.K. Finance, a new trade association, announced Monday (July 3) it was formed on July 1 to represent the finance and banking industry in...

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