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consumer spending

U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
Mar 27, 2025

U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate

WASHINGTON (AP) — The U.S. economy expanded at a healthy annual 2.4% pace the final three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight upgrade of its previous estimate of fourth-quarter growth. But it’s unclear whether the United States can sustain that growth as President Donald Trump wages […]

Americans increased spending tepidly last month as anxiety over the economy takes hold
Mar 17, 2025

Americans increased spending tepidly last month as anxiety over the economy takes hold

WASHINGTON (AP) — U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount. Retail sales rose just 0.2% in February, a small rebound after a sharp drop of 1.2% in January, […]

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