The Two-Way Consumer Spending Growth Slowed In March 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.
The Two-Way Consumer Spending Up, But Higher Gas Prices Are Major Reason 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.
The Two-Way Consumer Spending Ended 2010 On Strong Note January 31, 2011 American consumers spent 0.7 percent more in December than in November.