consumer spending

credit cards

Decline in Consumer Spending Raises Concern for Deflation

In its report on personal income and spending for July, the U.S. Bureau of Economic Analysis data show that personal income in current dollars grew by 0.2% month-over-month, and personal ...
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States With the Most Big Spenders

Consumer spending habits reflect the financial health of the nation’s households, yet vary widely across the United States. In 2012, Americans spent $35,498 per capita, a 3.3% increase from ...
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Empty Shelves

Business Inventories Buildup Brings Weaker Expectations

The Commerce Department reported on Wednesday that Business Inventories were up by 0.4% for the month of June. The consensus estimate of economists polled by Bloomberg was spot on at ...
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SeaWorld Clubs its Shareholders on Earnings

SeaWorld Entertainment Inc. (NYSE: SEAS) has had its share of problems as the public heard criticism of its treatment of captive animals. Now, it seems these problems are directly impacting ...
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July Retail Sales Get Third Quarter Off to a Bad Start

Retail sales did not have much to show for in the first month of the third quarter. The Commerce Department reported Wednesday that retail sales were flat at 0.0% change ...
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home prices

Rising Cash-Out Refinancings: Return of the Housing Bubble or Normalcy?

If you were in the business of flipping houses or buying a home and using it as a personal piggy bank each time the equity in the home rose, you ...
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American Consumer Spending Continues to Falter

The consumer may have returned to malls and retail stores, but he remains wary about what he believes he can spend. Based on the portion of gross domestic product (GDP) ...
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Will ‘Back to School Spending’ Hurt Holiday Retail Sales?

As the economy recovers slowly, among the most critical questions about GDP recovery is how much money Americans actually have to spend for more than essentials. High energy and food ...
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Do People Really Hate McDonald’s?

A new survey from Consumer Reports indicates that people queried prefer food from Chipotle Mexican Grill Inc. (NYSE: CMG) and Panda Express over what is offered by McDonald's Corp. (NYSE: ...
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Are Lower Food Prices Coming?

Commodity prices for corn, wheat and soybeans have tumbled in the past three months and could fall even further as plenty of rain and warm -- but not too warm ...
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Where Are Walmart’s Customers Going?

An improving job market has not helped Wal-Mart Stores Inc.'s (NYSE: WMT) sales. Bill Simon, CEO of Walmart U.S., made that observation to Reuters. What he did not say is ...
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Used Car

Is That Used Car a Good Value or a Scam?

We have all heard the warning, "If it sounds too good to be true it probably is." And if you're in the market for a used car this weekend, you ...
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Fuel pump in fuel tank

Gas Prices Rise Above $4 in Several States

The AAA forecasts that gasoline prices over the July 4th holiday will be the highest since 2008. Hurricane Arthur, creeping up the East Coast, may drive them even higher in ...
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Fuel pump in fuel tank

Gas Prices Move Toward $4

Gasoline prices, which have been inching higher for months, now top $3.67 per gallon for regular, on average, nationwide. At some point, the rising price will batter consumer spending, although ...
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cash register, not full

Personal Income and Spending May Limit Q2 GDP Recovery

We have already seen a slightly lower reading on weekly jobless claims on Thursday, but the more important report is on personal income and spending. The U.S. Commerce Department reported ...
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