GDP drops 0.1 percent but other economic indicators continue to rise

Jan 30, 2013
A Commerce Department report out today shows that GDP fell 0.1 percent last quarter, but consumer spending, business investment and employment continue to rise.

Retail sales increased by a half percent last month

Jan 15, 2013
Despite the impending fiscal cliff, consumer spending turned out to be higher than expected this holiday season.

A Sandy sales bump?

Oct 31, 2012
As stricken homeowners dig out, home-improvement sales should see a boost.

Economists encouraged by third-quarter growth

Oct 26, 2012
The government is estimating U.S. GDP grew two percent for the past three months. The figure is better than economists had expected -- but then again, they weren't expecting much.

Retailers report another strong sales month

Oct 15, 2012
U.S. retail sales rose 1.1 percent in September with Americans spending more on cars, electronics and gas.

Consumer spending grows at fastest pace in five months

Aug 30, 2012
The government said this morning that consumer spending grew 0.4 percent last month.

Which US cities spoil their children: are we spending too much on our kids?

Aug 30, 2012
NYC, you are the worst offender. In Wisconsin, on the other hand, kids apparently get by in hand-me-downs, playing with discarded pieces of string.

For public good, not for profit.

Consumer spending up 0.8% in February

Mar 30, 2012
Consumer spending was the big surprise of the morning. The government said Americans spent 0.8 percent more in February.

What to fear more: Inflation vs. deflation

Jan 30, 2012
The news that Americans are saving more is a mixed blessing, and could also increase our risk of deflation.