House passes sprawling spending package
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US personal spending rose at a solid pace in November, underscoring consumer resilience at the start of the holiday-shopping season.
By Lucia Mutikani WASHINGTON, Jan 22 (Reuters) - U.S. consumer spending increased solidly in November and October as households stepped up purchases of a range of goods and services, likely keeping the economy on track for a third straight quarter of strong growth.
Consumers continued to ramp up their spending as the holiday shopping season kicked into high gear in November, but inflation continued to bite, new data showed Thursday.
Months after the partisan clash that led to the longest shutdown in history, lawmakers have agreed on spending bills that look far different from what the president wanted.
WASHINGTON, Jan 22 (Reuters) - U.S. consumer spending increased solidly in November and October, likely keeping the economy on track for a third straight quarter of strong growth. Consumer spending, which accounts for more than two-thirds of economic activity,
Thanks to consumerism and a tendency to want the finer things in life, here are 11 completely unnecessary everyday items that most people can't stop spending money on.
Author Morgan Housel has a strategy for your finances that works — regardless of what the economy does.
WASHINGTON, Jan 21 (Reuters) - U.S. construction spending increased more than expected in October, likely reflecting home renovations, with activity elsewhere weak. The Commerce Department's Census Bureau said on Wednesday that construction spending rose 0.