The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
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.
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 ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
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 improved in May after deteriorating for three straight months amid optimism about the ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly ...
European shares climbed on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal ...