Wisconsin Chronicle

Consumer spending posts scant Feb. increase, personal income growth slows

U.S. consumer spending posted a tiny gain for the third straight month in February while income growth slowed sharply. Consumer spending edged up 0.1% in February, matching similar lackluster gains

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Middle class optimism buoys consumer sentiment

Americans were more optimistic about their incomes and personal finances this month, particularly among lower and middle-class households, lifting consumers’ outlook. The University of Michigan’s consumer sentiment index rose to

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Economic growth revised up to 2.1% in Q3 from initial 1.5% estimate

The U.S. economy grew more rapidly than previously thought in the third quarter as businesses more aggressively replenished their stocks. Gross domestic product expanded at a seasonally adjusted annual rate

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Consumer spending jumps but personal income growth slows

U.S. consumer spending rose at a healthy rate in August, while income growth slowed after a big jump in July. Consumer spending advanced 0.4% compared to July, when spending also

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Retail sales rebound, rise 0.6% in July

Retail sales rose 0.6% in July as consumers began spending more on new vehicles and dining out. The Commerce Department also revised June’s surprising 0.3% decline in retail sales to

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Consumer confidence drops sharply in July

Consumer confidence plunged in July as global turmoil rocked financial markets. The Conference Board’s index of consumers’ perceptions fell to 90.9 from June’s 99.8, mostly because of a sharp deterioration

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Consumer sentiment jumps to 5-month high

Consumers adopted a sunnier attitude toward the economy in June, according to a survey of consumers released Friday, following a upward trend in economic reports this week. The consumer sentiment

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The economy grew 2.2% in the fourth quarter

The economy slowed substantially in the fourth quarter after a torrid six-month stretch, leaving gains for the year roughly in line with the recovery so far. Gross domestic product. which

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Chevron cuts 2015 expansion budget by 13%

Oil giant Chevron said Friday it would reduce expansion spending by 13% this year as fourth-quarter and yearly earnings declined

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Obama wants end of sequester, seeks 7% spending hike

Heralding a new budget battle with congressional Republicans, President Obama called Thursday for an end to the automatic budget cuts

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