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
Feb 09 Watch Erosion of middle class buying power hits familiar brands By PBS News Hour Continue watching
Dec 20 Watch ‘Tis the Season, But Should We Save or Spend? A Holiday Money Conundrum 'Tis the Season, But Should We Save or Spend? A Holiday Money Conundrum… Continue watching
Nov 22 Watch How ‘Black Friday’ Morphed Into ‘Gray Thursday’ Many Americans will head to the mall after Thanksgiving dinner to snag retail deals once reserved for the early morning of "Black Friday." But as retailers fear a sluggish consumer spending holiday season, more are opening on the actual holiday. Continue watching