US inflation rises below expectations in August; consumer spending robust

By Lucia Mutikani WASHINGTON, Sept 30 (Reuters) - US inflation increased less than expected in August and price pressures ...

US Consumer Spending Jumps by Most in a Year Despite High Prices

US consumer spending rose in August at the fastest pace in over a year, helping to power the economy through persistent ...

US second-quarter GDP revised higher amid robust consumer spending

WASHINGTON, Sept 30 (Reuters) - The US economy grew at a solid clip in the second quarter, driven by robust consumer spending ...

Ahead of US midterms, luxury spending falls for third month. What it says about consumers

Luxury spending in the US fell 6% in September, its third straight monthly decline, as weaker consumer confidence, persistent ...

US economy shows resilience on solid consumer spending, growth data

Cooler-than-expected August inflation data and strong consumer spending gave markets a boost before a frantic final hour of ...

The U.S. Economy 'Is Running Hot,' Lots Of Consumer Spending Growth, Lots Of Inflation; The Bond Market Sees It Too

Adjusted for inflation, consumer spending in August rose by 0.55% MoM and by 2.6% YoY. The dizzying rates of consumer ...

US consumer spending and profits soar as economic indicators beat warnings

Strong U.S. consumer spending and soaring corporate profits signal a historically resilient economy, Larry Kudlow and a business panel argue. The group highlights a low 4.1 percent unemployment rate ...

Higher Prices Don’t Explain All of Americans’ Spending Growth—Here’s Who’s Spending More

Understand the factors behind Americans’ spending growth outpacing inflation, with insights into demographic and regional ...

US GDP grows 2.2% in Q2 as consumer spending & investment drive expansion, inflation remains elevated

Real gross domestic income (GDI) increased 2.6 per cent in the second quarter, while the average of real GDP and real GDI ...
Plastics Today

Consumer Spending Signals Steady Growth for Plastics Industry

The plastics industry outlook remains positive as US consumer household spending continues to drive demand, according to Chief Economist Perk Pineda. While inflation-adjusted consumer spending slowed ...