Personal income

FILE - In this June 17, 2020 file photo, a sign advertises a sale at an H&M store along Lincoln Road Mall in Miami Beach, Fla. U.S. consumer confidence had a sharp drop in July to a reading of 92.6 as coronavirus cases in many parts of the country began rising again. (AP Photo/Lynne Sladky, File
July 31, 2020 - 9:21 am
WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But the virus' resurgence in much of the country could impede further gains. Last month’s...
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Shoppers, left, head to the entrance as a sign on the outside wall invites customers to shop inside a Best Buy store Wednesday, June 24, 2020 in Richfield, Minn. as restrictions due to the coronavirus have eased in Minnesota. (AP Photo/Jim Mone)
June 26, 2020 - 9:55 am
WASHINGTON (AP) — American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter. Last month's rebound in consumer spending followed...
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FILE - In this Nov. 29, 2019, file photo Tim Simpson shops at a Kohl's store in Colma, Calif. On Friday, Feb. 28, 2020, the Commerce Department issues its January report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Jeff Chiu, File)
February 28, 2020 - 7:54 am
WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose. The Commerce Department said Friday that consumer spending increased 0.2% last month, down from 0.4% in December and...
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January 14, 2020 - 7:35 am
WASHINGTON (AP) — Rising energy costs drove U.S. consumer prices higher in December, and American workers’ earnings couldn’t keep up. The Labor Department said Tuesday that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. Over the past year, consumer...
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Ian Simmons, Co-Founder and Principal of Blue Haven Initiative, poses at his office in Cambridge, Mass., Friday, Oct. 18, 2019. A handful of billionaires and multimillionaires are making a renewed push for the government to raise their taxes and siphon away some of their holdings. (AP Photo/Michael Dwyer)
October 22, 2019 - 5:15 am
WASHINGTON (AP) — When the grand vacation homes of Newport Beach were empty on a beautiful Memorial Day weekend, Molly Munger decided it was time for the U.S. to consider taxing wealth. As her family's boat moved through the harbor a few years ago, Munger, whose father is a billionaire investor,...
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In this June 14, 2019, photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Friday, Aug. 30, the Commerce Department issues its July report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Richard Drew)
August 30, 2019 - 9:46 am
WASHINGTON (AP) — U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade tensions and driving the economy forward. The Commerce Department said Friday that personal incomes rose just 0.1%, the smallest gain in 10 months...
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August 02, 2019 - 7:58 am
WASHINGTON (AP) — The Latest on the U.S. employment report for July (all times local): 8:30 a.m. U.S. employers slowed their hiring in July, adding a still-healthy 164,000 jobs to an economy that appears poised to extend its decade-plus expansion. The Labor Department says the unemployment rate...
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FILE - In this May 7, 2019, file photo a clerk restocks items in a newly-opened Amazon Go store in New York. On Friday, June 28, the Commerce Department issues its May report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
June 28, 2019 - 8:43 am
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy's outlook to keep shopping. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. Still...
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FILE- In this Feb. 20, 2019, file photo shoppers ride the escalator at Saks Fifth Avenue's flagship midtown Manhattan store in New York. On Friday, March 29, the Commerce Department issues its January report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Kathy Willens, File)
March 29, 2019 - 7:55 am
WASHINGTON (AP) — U.S. consumer spending edged up a tiny 0.1 percent in January, while incomes advanced a modest 0.2 percent in February, further evidence that economic activity may have decelerated after strong growth for most of last year. The Commerce Department said Friday that the weak gain in...
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FILE- In this Dec. 24, 2018, file photo Devyn Kirkpatrick looks over a discounted winter coat at a Columbia store as last-minute shoppers finish up their Christmas gift lists at the Outlet Malls in Castle Rock in Castle Rock, Colo. On Friday, March 1, 2019, the Commerce Department issues its December report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/David Zalubowski, File)
March 01, 2019 - 9:10 am
WASHINGTON (AP) — U.S. consumer spending tumbled 0.5 percent in December, the biggest decline in nine years, as the holiday shopping season ended in disappointment. Meanwhile, incomes rose sharply in December but edged down in January. The fall in consumer spending followed sizable gains of 0.7...
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