Jun 07 U.S. consumer borrowing rose $17.5 billion in April By Martin Crutsinger, Associated Press Consumer credit is a key indicator of the willingness of households to increase borrowing to support consumer spending, which accounts for 70 percent of economic activity. Continue reading
Apr 29 U.S. consumer spending spikes 0.9 percent in March By Martin Crutsinger, Associated Press The March gain was the biggest monthly increase since August 2009, the Commerce Department reported. Continue reading
Dec 10 Column: How to avoid overspending this holiday season By Tanja Hester When you focus on what you value most about the holidays, it’s far easier to moderate your spending, writes Tanja Hester who subscribes to a frugal lifestyle. Continue reading
Oct 26 U.S. economy grows 3.5 percent, boosted by consumer spending By Martin Crutsinger, Associated Press The strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. Continue reading
Aug 30 U.S. consumer spending up a solid 0.4 percent in July By Martin Crutsinger, Associated Press U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. Continue reading
Jan 29 Watch 5:36 News Wrap: U.S. economy slowed at end of 2015 By PBS News Hour Friday on the NewsHour, new data from the government shows that American consumers spent less, businesses invested less and companies exported less at the end of last year. Overall, growth was about the same as in 2014. Also, the State… Continue watching
Nov 27 Why it's OK to splurge on Black Friday, according to a behavioral economist By Kristen Doerer Dan Ariely says go ahead, buy that new ski jacket on Black Friday. As a behavioral economist at Duke University, he's studied how people can successfully indulge one day, and then resume normal spending practices for the rest of the… Continue reading
Jan 30 Economy slowed in final quarter of 2014 By Simone Pathe The U.S. economy grew 2.6 percent in the last three months of 2014, more slowly than in the previous two quarters of the year. Continue reading
Jun 25 U.S. economy shrinks to a 5-year low By Sarah Corapi Since the recession ended in 2009, the U.S. economy has experienced mainly positive growth. But new data from the Commerce Department on Wednesday reveals that in the first quarter of 2014, the economy contracted -- suffering its sharpest pullback in… Continue reading
Feb 09 Watch Sunday, February 9, 2014 By PBS News Hour On tonight’s program, Iran produces new information about its nuclear program. Later, in our signature segment, a look a how high-tech entrepreneurs are creating a startup culture in India. And, what growing income inequality means for middle class-serving businesses in… Continue watching