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Posts Tagged ‘ US Consumer Spending ’

Weak Consumer Spending, Record-Low Consumer Confidence Spell Bad News for the U.S. Economy

Jun 2nd, 2008 | By Jennifer Yousfi | Category: Politics & Economics

Consumer spending - the driving force behind the U.S. economy - slowed in April. Soaring prices wiped out any benefit from the scant 0.2% increase in consumer spending in April, the Commerce Department announced.

Tags: Food Prices, Fuel Prices, Inflation Rate, recession, US Consumer Confidence Economic Stimulus check, US Consumer Spending, Us Gdp
Posted in Politics & Economics | Comments2008-06-02+15%3A36%3A08Jennifer+Yousfi

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