consumer spending january - Search News

US Consumers Cut Spending in January

Hosted on MSN · 23h

US consumer spending posts first drop in almost two years

U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, setting up the economy for weak growth or even a contraction this quarter.

Marketplace · 20h

Utilities took a bigger bite out of consumer spending in January

Cold weather and higher natural gas prices raised household costs, particularly stressing the budgets of lower-income families.

The Associated Press on MSN · 1d

US consumers cut spending in January more drastically than at any point in the last four years

Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, possibly because of unseasonably cold weather. Yet the retreat may be hinting at more caution by Americans amid rising economic uncertainty.

Inflation fell to 2.5% in Jan. in Fed’s preferred gauge

The New York Times · 23h

Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed

The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the Fed’s 2 percent target. On a monthly basis, prices increased 0.3 percent, in line with December’s pace.

CNN on MSN · 1d

The Fed’s preferred inflation gauge cooled last month, but consumer spending sank

The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years.

Fox Business · 1d

Inflation gauge favored by Fed showed prices grew as expected in January

The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' expectations in January as the inflation fight continues.

17h

Data Says Consumer Spending Pulled Back, Which Is Bad Economic News

Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...

3don MSN

Consumer confidence plunged in February amid rising economic concerns

Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four ...

3d

Trump policy concerns send US consumer confidence plummeting to eight-month low

U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February while 12-month inflation expectations ...

9don MSN

Walmart's lower-than-expected guidance may mean consumer spending is slowing

Walmart’s lower-than-expected guidance is a warning that U.S. consumer spending is slowing, said Brian Mulberry, client ...

1d

U.S. Q1 GDP Growth Concerns Mount On Weak Spending And Surging Imports

Wages and salaries rose only 0.4% though, with the strength coming from a 1.8% increase in government social benefits, a 1.7% ...

1d

India's economic growth picks up on rising government, consumer spending

December, picking up on increased government and consumer spending, official data showed on Friday, and the government said ...

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