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.