Tag: personal incomes

Rising cost of living hits families hard

Rising cost of living hits families hard

A new study suggests that a family with two children now needs to earn £36,800 a year in order to achieve a “socially acceptable” standard of living. A quarter of the UK population now live below the minimum income standard (MIS), an increase of three million since 2008. The MIS study, which was commissioned by [...]

July 10, 2012 | 0 Comments More
US consumer spending up in September

US consumer spending up in September

Official figures have revealed consumer spending in the US improved last month. According to the Commerce Department, consumer spending rose 0.6% to $68.7 billion (£42.7 billion) in September and follows a 0.2% rise in August. The figures will be a welcome boost for the economy which looked set to be heading towards a double dip [...]

October 29, 2011 | 0 Comments More
US consumer spending up in July

US consumer spending up in July

Official figures have revealed a rise in consumer spending in the US for the month of July – boosted by an increase in car sales. According to the Commerce Department, sales rose by 0.8% in July compared with the previous month – the largest rise in five months and much better than the 0.5% gain [...]

August 30, 2011 | 0 Comments More
US consumer spending up in April

US consumer spending up in April

The Commerce Department has today reported a rise in consumer spending in the US for the month of April – due, in part, to higher food and energy costs. Spending grew 0.4% on the month – the tenth consecutive monthly increase but the figure was less than analysts had expected. Consumer spending is closely monitored [...]

May 27, 2011 | 0 Comments More
US consumer spending up in February

US consumer spending up in February

The Commerce Department has today reported a rise in consumer spending in the US for the month of February - due, in part, to higher food and energy costs. Spending grew 0.7% in the month after a 0.3% increase in January. February’s figure represented the fastest pace for four months but this was attributed to [...]

March 28, 2011 | 0 Comments More
US consumer spending slows in January

US consumer spending slows in January

The Commerce Department has reported a further rise in consumer spending in the US for the month of January, albeit slower than expected. Spending grew 0.2% in the month after rising by 0.5% in December. While it represented the seventh consecutive monthly rise, it was the weakest pace since June. Consumer spending is closely monitored [...]

February 28, 2011 | 0 Comments More
US consumer spending rises 0.2% in September

US consumer spending rises 0.2% in September

According to the Commerce Department, consumer spending in the US rose by 0.2% in September, after increasing by 0.5% the previous two months. The figures suggest consumers are tightening their purse strings despite very low prices. Consumer spending makes up for more than two-thirds of overall economic activity in the US. Meanwhile, personal incomes saw [...]

November 1, 2010 | 0 Comments More
US consumer spending up 0.3% in February

US consumer spending up 0.3% in February

According to the Commerce Department, consumer spending in the US rose for a fifth consecutive month in February, by 0.3%, as widely expected. The rise in consumer spending, which makes up for more than two-thirds of overall economic activity in the US, followed a revised 0.4% rise in January. According to the data, consumers increased [...]

March 29, 2010 | 0 Comments More
US consumer spending up 0.5% in January

US consumer spending up 0.5% in January

According to the Commerce Department, US consumer spending rose faster than expected in January by 0.5% - the fourth consecutive monthly rise. The rise in consumer spending, which makes up for more than two-thirds of overall economic activity in the US, was better than expectations of 0.4%. Meanwhile, the data said personal incomes crept up [...]

March 1, 2010 | 0 Comments More
US consumer spending up 0.2% in December

US consumer spending up 0.2% in December

According to the Commerce Department, US consumer spending rose by just 0.2% in December after a 0.7% rise in November. The rise in consumer spending, which makes up for more than two-thirds of overall economic activity in the US, was slightly under analysts expectations of a 0.3% gain. For 2009, consumer spending fell 0.4% - [...]

February 1, 2010 | 0 Comments More
US consumer spending up 0.5% in November

US consumer spending up 0.5% in November

According to the Commerce Department, US consumer spending rose 0.5% in November after a 0.6% rise in October. The rise in consumer spending, which makes up for more than two-thirds of overall economic activity in the US, was slightly under analysts expectations of 0.7%. Analysts had expected a higher jump in spending amid the Thanksgiving [...]

December 24, 2009 | 0 Comments More