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San Jose consumer spending
More positive news for the U.S. economy this week
US economy grows
May 11, 2012
In a week marked by a falling stock market made worse by disclosure that JP Morgan/Chase lost $2 billion dollar in its trading activities, there...
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Does April jobs report mean economy is slowing down?
Economy
May 8, 2012
April was a month of good news and bad news on the economy. The good news is that the government actually had a surplus in April. More money was...
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Lower consumer spending could foreshadow a bleak holiday shopping season
consumer spending
November 23, 2011
On November 23rd, the Department of Commerce and the Bureau of Economic Analysis issued their monthly report on consumer spending and income. While...
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Economy shows signs of growth
GDP growth
November 18, 2011
Despite the persistent efforts of Republicans in Congress to stifle it, the U.S. economy shows signs of growth. Can it sustain an assault from the...
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U.S. economy grew a surprising 2.5% last quarter
Economy
October 28, 2011
The economy as measured by the gross domestic product (GDP) grew a surprising 2.5% last quarter according to the report released by the Commerce...
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Consumers toss out shopping plans based on current economy
consumer spending
September 19, 2011
If you're wondering where your customers have gone recently, they've been trying to trim back their buying habits. Nasty headlines about...
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Study shows 40% of Americans cut spending due to economy
Economy
September 19, 2011
Study shows 40% of Americans cut spending due to economyNew York, September 19, 2011 --A new study released on September 19, 2011 by Princeton...
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GOP may raise payroll taxes without a vote; does that violate their pledge?
payroll taxes
August 15, 2011
Republicans in Congress, who rail against all tax increases, may raise taxes after all. Republicans have almost all signed a pledge to lobbyist...
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Consumers power rise in retail sales
retail sales
March 11, 2011
Retail sales in February increased 1.0% (see Charts), the eighth consecutive monthly rise and matching the estimate offered by Bloomberg of 1.0%...
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Income and savings rise in January, but consumer spending remains flat
Income
February 28, 2011
Income and savings rose for Americans in January, but consumer spending was flat, and primarily focussed on necessities. This was the determination...
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