If falling gas prices were putting any extra money in American pockets, inflation spurring from rising housing costs is cutting deep into it. For sixth months straight, the consumer price index that measures what Americans pay for everything ranging from food to utilities rose by...
As predicted, rising gas prices and the spiral of bad weather brought down the consumer confidence level in March, according to the Surveys Of Consumers March report from the University of Michigan. Consumer optimism hit a 10-year peak in the first quarter of 2015, according to...
As merchants push to be the top online retailer leading into the holiday shopping rush, November’s Chain Store Guide Consumer Spending Report shows a majority of consumers won’t be shopping online or using their mobile device to make purchases this holiday season. Holiday shopping should boost consumer spending,...
August 31, 2015
The latest figures from the Commerce Department show that consumer spending is improving as wages continue to raise, Bloomberg reported. The 0.3 percent advance mirrored the increase seen in June, and of the 77 economists Bloomberg surveyed, the projection was a 0.4 percent increase. In general, spending has been trending upward, and the economy has been […]
March 30, 2015
As predicted, rising gas prices and the spiral of bad weather brought down the consumer confidence level in March, according to the Surveys Of Consumers March report from the University of...