Higher prices at the pump meant the amount of money consumers spent went up last month.
Kevork Djansezian/Getty Images
September 28, 2012 Spending went up, but largely because gasoline cost more — not due to stronger demand.
July 31, 2012 The news on spending is a sign that consumers remain cautious even as their incomes are on the rise.
May 15, 2012 Dropping gas prices helped hold inflation down. Meanwhile, April consumer spending may have been slowed because warm weather in March encouraged folks to get out their wallets then.
April 30, 2012 A large 0.9 percent gain in consumer spending from January to February was followed by a more modest 0.3 percent increase from February to March, the Bureau of Economic Analysis says.
March 30, 2012 The news could be a sign that consumers are feeling better about how the economy is doing, and are willing to spend more even if their incomes are rising only slowly.
March 1, 2012 There were 2,000 fewer first-time claims for unemployment last week than in the week before. Meanwhile, consumer spending rose 0.2 percent in January from December.
October 28, 2011 Analysts wonder whether the spending surge can be sustained if savings are being depleted.
September 30, 2011 The 0.1 percent dip in income was the weakest showing for any month since October 2009.
August 29, 2011 Spending had dipped 0.1 percent in June from May. That had raised concerns about whether consumers — who buy about 70 percent of all goods and services — might pull an already weak economy down further.
August 2, 2011 Americans put more of their money into savings in June, at the expense of consumer spending — and that came as a surprise to analysts. The month's drop in spending was the first in nearly two years.
April 29, 2011 While there was a solid-sounding 0.6 percent gain in personal spending in March from February, the Bureau of Economic Analysis says most of that increase was not "real." Higher prices for gas and food drove the increase.
March 28, 2011 Economists watch consumer spending closely because it accounts for about 70 percent of all that's spent on goods and services in the U.S. But when spending rises because of a sharp increase in prices, not demand, that's not great news.
January 31, 2011 American consumers spent 0.7 percent more in December than in November.
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