Tags » Consumer Spending

Consumer Spending, and Economic Momentum, Slowed in June

Spending rose just 0.2 percent, but any economic slowdown is likely to be mitigated by a strengthening housing sector and tightening labor market.


from NYT > Business Day… 16 more words

IFTTT

Weak auto demand crimps U.S. consumer spending

http://www.reuters.com/article/2015/08/03/us-usa-economy-idUSKCN0Q81C220150803

U.S. consumer spending in June advanced at its slowest pace in four months as demand for automobiles softened, suggesting the economy lost some momentum at the end of the second quarter. 526 more words

Daily News

The Worst Economic Expansion Since World War II Was Even Worse Than You Thought

Since the recession ended in June 2009, the economy has advanced at a 2.2% annual pace through the end of last year. That’s more than a half-percentage point worse than the next-weakest expansion of the past 70 years, the one from 2001 through 2007. 365 more words
Economics

July 31, 2015

The major stock market averages opened lower but quickly recovered. The Dow and SPX are currently up 6 pts and .15%, respectively. Energy stocks are getting hammered again after weak earnings announcements. 376 more words

Calgary retail sector weathers weakened economy

Calgary’s retail market displayed surprising buoyancy against the backdrop of low oil prices during the first half of 2015, says a new report by commercial real estate firm Avison Young. 362 more words

Commercial Real Estate

July 30, 2015

Stocks opened lower this morning after a two-day rebound. The Dow and SPX are currently off 72 pts & .45%, respectively. The dollar is stronger again today and most commodities are weaker. 420 more words

US economy posts solid 2.3 percent growth rate in Q2

WASHINGTON (AP) — The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year. 499 more words

National / World