Consumer Credit in U.S. Rises in April by Most in Five Months

U.S. consumer spending up 0.6 percent, best in 5 months. – Americans boosted their spending by 0.6 percent in April, the biggest increase in five months and a strong indication that the.

WASHINGTON (AP) — Higher food and gas costs pushed up U.S. consumer prices in April by the most in 10 months, evidence that inflation is ticking up from very low levels. The consumer price index rose 0.3 percent last month after a 0.2 percent gain in March, the Labor Department said Thursday.

U.S. light-vehicle deliveries slipped 0.3 percent in May, but the robust pace of sales — 17.4 million — offered a sign of hope as the industry.

WASHINGTON (AP) – Americans boosted their spending by 0.6 percent in April, the biggest increase in five months and a strong indication that the economy is reviving after a winter slowdown.

WASHINGTON (MarketWatch) – Sales at U.S. retailers rose in June by the smallest amount since January, but most stores except for auto dealers. auto sales dropped 0.3%, the first decline in five.

Consumer spending rose in November by the most in five months as Americans took advantage of store discounts during the year-end shopping season, giving the world s largest economy a lift.

Indeed, most analysts think the U.S. economy could. may further ease credit in the months ahead. On Friday, besides.

Confidence among consumers rose to an eight-month high in December as an improving job market helped Americans regain all the ground lost following the mid-year government budget battle and credit.

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Americans boosted their spending by 0.6 percent in April, the biggest increase in five months, while a gauge of inflation remained at the Federal Reserve’s optimal level for a second straight month. The Commerce Department said Thursday that last month’s increase in consumer spending was the.

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U.S. consumer borrowing up; credit card use rises. observed that households had increased credit card balances in May by the most in 12 months. The improved outlook on the economy and finances.

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Consumers spent more on categories like grocery, apparel and seasonal merchandise in the second quarter, helping sales rebound after a slow start in april. healthy consumer backdrop,” Credit Suisse.