consumer News Updates

Business

Consumer Comfort Index Declines for Fourth Straight Week

Americans’ sentiment fell for a fourth straight week as still-rising gasoline prices drove a measure of the buying climate down by the most in eight months, the Bloomberg Consumer Comfort Index showed May 17.

May 17, 2018
Business

Retail Sales Gain Points to Healthier Second Quarter

U.S. retail sales rose in broad fashion last month as bigger after-tax paychecks helped compensate for rising fuel costs, signaling consumer demand was off to a firm start this quarter.

May 15, 2018
Business

Consumer Prices Rise Less Than Forecast as Autos Drop

U.S. consumer prices rose by less than forecast in April as costs for automobiles and airfares declined, reducing chances that inflation will run significantly above the Federal Reserve’s target in coming months.

May 10, 2018
Government, Business

US Consumer Borrowing Up $11.6 Billion in March

WASHINGTON — Americans increased their borrowing by $11.6 billion in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years.

May 7, 2018
Business, Fuel

Higher Gas Prices Push US Consumer Comfort to Seven-Week Low

Rising prices at the gas pump helped drive U.S. household sentiment to a seven-week low at the end of April, the Bloomberg Consumer Comfort Index showed May 3.

May 3, 2018
Business

March Consumer Spending Picks Up; Inflation Hits Fed Goal

U.S. consumer spending picked up in March while the Federal Reserve’s preferred inflation gauge hit the central bank’s 2% target for the first time in a year, reinforcing the outlook for further interest-rate hikes.

April 30, 2018
Business

Consumer Sentiment Exceeds Forecast on View of Finances

U.S. consumer sentiment exceeded estimates in April on Americans’ increasingly favorable views of their finances, University of Michigan survey data showed April 27.

April 27, 2018
Business

Consumer Confidence Rebounds as 91ÊÓÆµbuying Plans Hit Record

U.S. consumer confidence unexpectedly rose in April to the second-highest level since 2000 as Americans grew more upbeat about both current conditions and the economic outlook, according to figures April 24 from the New York-based Conference Board.

April 24, 2018
Business

Consumer Credit in US Rises by Lowest Amount in Five Months

U.S. consumer debt rose in February by the least in five months as credit card balances stalled, indicating Americans’ appetite for borrowing waned further after a fourth- quarter shopping spree.

April 6, 2018
Business

Consumer Comfort Climbs to 17-Year High on Finances

U.S. consumer sentiment advanced last week to a 17-year high as greater optimism about household finances and the buying climate more than offset a deterioration in views about the economy, the Bloomberg Consumer Comfort Index showed April 5.

April 5, 2018