The consumer price index rose 0.2% in December instead of 0.3% as reported last month, the revisions of the CPI data published by the Labour Department’s Bureau of Labour Statistics (BLS) showed.
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its ...
Consumer spending, which accounts for more than two-thirds of US economic activity, increased by 0.2pc in April after a ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
Overall outlooks grew more pessimistic amid reports of rising uncertainty, greater downside risks, says report - Anadolu ...
While consumer spending did increase, it was at a slower pace than previously estimated. The Commerce Department had ...
US consumer confidence unexpectedly rose in May for the first time in four months as views about business conditions and the labor market were less negative.
Most Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the ...
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly ...
Gasoline Prices latest news, photos, videos, breaking news, special reports, blogs, and updates from Business Insider India ...
European shares climbed on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal ...