personal spending News

February Sees a 0.4% Rise in US Personal Spending Amid Economic Growth

The US saw a 0.4% increase in personal spending in February, with the PCE price index rising by 0.3% monthly and 2.5% annually. Personal income also grew, supporting economic expan...

Mixed Opening for US Stock Markets Amid Personal Spending Decline

US stock markets opened mixed as investors reacted to January's personal spending decline, influencing the Federal Reserve's next monetary policy move. Key performers and losers hi...

US Stock Markets Tumble as Trump's Tariffs on Mexico, Canada, and China Loom

US stock markets closed lower in anticipation of President Trump's tariffs on Mexico, Canada, and China. Earnings reports from Chevron, ExxonMobil, and Colgate-Palmolive, along wit...

US Stock Market Surges on Strong Consumer Confidence and Spending Data

US stock market indexes reversed early declines to post significant gains driven by positive consumer confidence and personal spending data, overshadowing temporary concerns about ...

US Personal Spending Surges by 0.4% in November: A Closer Look at the Numbers

The US Bureau of Economic Analysis reports a 0.4% increase in personal consumption expenditures in November, with the PCE price index rising by 0.1% monthly and 2.4% annually.