Consumer Spending
Consumer Spending news and technical articles from Oil & Gas Journal. Search Consumer Spending latest and archived news and articles
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Fed chief on high oil prices, consumer spending and inflation
… factors, including higher oil prices, lower equity prices, and softening home values, seem likely to weigh on consumer spending as we move into 2008 . . . "Even as the outlook for real activity has weakened, there have been some important …
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MARKET WATCH: Crude, products give up gains from rally
… against most currencies and US consumer spending fell amid doubts the economy ..... economy is losing its momentum. Consumer spending fell 0.5% in September after ..... August. Some of the decline in consumer spending was attributed to the expiration …
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MARKET WATCH: Crude nears 8-week high above $81/bbl
… 8-week high in the New York market as positive consumer spending data diminished fear of a double-dip recession ..... Pritchard Capital Partners LLC in Houston, said, “ Consumer spending in the US grew by 0.4% in August vs. consensus …
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EIA: US household spending on home energy fell last year
OGJ editors US average consumer spending on home energy fell $12 billion in 2012 compared with 2011, the Energy Information Administration reported. Last year's energy …
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MARKET WATCH: Geopolitical pressure from Syria pushed up oil prices
… economic growth escalated to an annual rate of 2.5% in the first quarter of this year, the result of the strongest consumer spending in more than 2 years. Government spending fell, however. Analysts say tax increases and federal budget cuts could …
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EIA: US Household spending on home energy fell last year
US average consumer spending on home energy fell $12 billion in 2012 compared with 2011, the Energy Information Administration reported. Last year’s energy …
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MARKET WATCH: Energy prices fall amid economy fears
… people received unemployment aid in the week ending Sept. 15, the latest figures available. In a separate report, consumer spending slowed in September after buyers wrapped up their back-to-school shopping. The US Department of Commerce said …
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MARKET WATCH: Reduced inventory, warmer weather increase oil, gas prices
… reversed later this quarter. US manufacturing declined in June for the first time in the economic recovery, while consumer spending stalled in May. “The Fed failed to inspire markets as it remained divided over whether current data is sufficient …
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MARKET WATCH: Bullish inventory report lifts oil prices
… 9%/year in this year’s first quarter and is expected to repeat that performance in the second quarter. Consumer spending slowed, however, up 2.5% compared with the 2.7% growth earlier projected. The US Department of Labor, meanwhile …
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MARKET WATCH: Oil, gas prices decline as Isaac diminishes
… leases in the gulf were shut in ahead of the storm. In other news Aug. 30, the US Commerce Department reported consumer spending rose 0.4% in July, the fastest gain in 5 months; income increased 0.3%, the same as in May and June; but …
