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consumer spending

Economists predict increase in consumer spending

The 49 economists who were questioned between April 16 and April 30 predicted that consumer spending will rise 2.3 percent this year, up from a forecast of 1.9 percent in February.

US employment compensation up 0.3 percent in Q1

Americans' wages increased at a faster rate from January through March than the previous quarter, a trend that helped boost consumer spending at the start of the year.

Stocks little changed despite strong retail sales

Stocks were little changed on Wall Street Wednesday despite an unexpectedly strong increase in U.S. consumer spending last month.

Steady US job gains likely continued in February

Job growth probably continued at a modest but steady pace last month, buoyed by consumer spending and strength in the housing and auto industries.

US service firms grows at fastest pace in a year

The companies surveyed by the ISM cover many industries that are closely tied to consumer spending, such as retail, hotels and restaurants and arts and entertainment.

US consumer spending up 0.2 percent in January

The Commerce Department says consumer spending rose 0.2 percent in January.

News Summary: US consumer spending up 0.2 percent

Wages and salaries grew 0.6 percent.OUTLOOK: Consumer spending, which accounts for 70 percent of economic activity, is expected to slow this year.

US consumer spending up slight 0.2 percent

Consumer spending, which accounts for about 70 percent of economic activity, is expected to slow this year.

US consumer spending rose 0.4 percent in November

Part of the improvement came from a 1.6 percent increase in consumer spending, slightly better than in the spring.

News Summary: Better housing to aid stocks: Schwab

That will help underpin job growth, consumer spending, and the whole economy in 2013, says Charles Schwab & Co.'s

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