Consumer spending hits six year high in December

Consumer confidence in Germany hit a six-year high in December, a closely watched survey by the GfK market research group showed Wednesday, providing good news for retailers across the country as.

U.S. consumer spending extended gains into July and inflation rose to a six-year high, reflecting economic strength that. A key measure of underlying inflation hit 2 percent, matching the Fed’s.

US consumer spending rises, savings rate hits 12-year low.. The pace of US consumer spending cooled in December but continued to grow at a solid pace, while personal income was better than.

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Discretionary spending hits threeyear high The latest Deloitte Consumer Tracker shows that an improving labour market and falling inflation are having a pronounced effect on consumer spending behaviours. In Q4 2014 fewer people suffered a reduction or a loss of income and more people said they had received a pay rise than a year ago.

WASHINGTON (AP) – U.S. construction spending edged down 0.6 percent in December. hit a previous record high of $1.16 trillion in 2006, the peak of a housing boom that would begin declining in 2007,

WASHINGTON, D.C. — Americans’ annual end-of-the-year holiday shopping spree boosted Gallup’s daily measure of consumer spending to the highest average for any December since Gallup began tracking spending in 2008. The self-reported daily average of $105 is a $7 increase from $98 in November and a $6 hike from $99 last December.

WASHINGTON (MarketWatch. the first time since the end of last year. Consumer spending accounts for more than two-thirds of economic activity and is the engine of U.S. growth. The economy revved up.

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December rounded off the worst year for consumer spending across the UK since 2012, data by Visa has revealed.. growth hits six-year high. lower expenditure on an annual basis in December.

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Eurozone inflation up on holiday spending Consumer Spending Hits 9-Year High, But All’s Not Well Posted on July 6, 2017 by Gary D. Halbert 0 Comments There are lots of surveys and data on consumer spending – retail sales, personal consumption expenditures, same-store sales, etc., etc. – but Gallup has a monthly survey which asks a different question.

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Consumer spending climbed 0.4% in December, capping off the biggest increase in household buying since 2011. Incomes rose 0.4% in December and advanced 3.1% for the full year. But the gain was a much smaller 1.2% if inflation is taken into account – the lowest reading since 2010.