Bureau of Economic Analysis

Consumers Are Spending More, but 6 in 10 Check the Price Tag First
Consumers Are Spending More, but 6 in 10 Check the Price Tag First
April 02, 2024  |  Consumer Insights

As reported last week, data from the Bureau of Economic Analysis confirms February consumer spending was up, a trend some analysts believe could influence the Fed’s decision to...

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Consumers Cool on Spending Even as Inflation Slows
Consumers Cool on Spending Even as Inflation Slows
February 29, 2024  |  Economy

The headlines Thursday (Feb. 29) trumpet the fact that inflation rose in January at the rate most people expected — by 3% month on month....

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Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
November 29, 2023  |  Economy

The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the...

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Summer Spending Surge Fuels 4.9% Jump in GDP
Summer Spending Surge Fuels 4.9% Jump in GDP
October 26, 2023  |  Economy

Strong consumer spending this summer helped drive economic growth in the U.S. Figures released Thursday (Oct. 26) by the U.S. Commerce Department showed gross domestic product (GDP) increasing at...

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US Personal Income Rises as Consumer Spending Slows
US Personal Income Rises as Consumer Spending Slows
June 30, 2023  |  Consumer Finance

Consumer spending continued to drop in May as U.S. households curtailed spending and boosted their savings. Data from the Bureau of Economic Analysis (BEA) released...

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Consumer Sentiment Predicts Prolonged Economic Turbulence
Consumer Sentiment Predicts Prolonged Economic Turbulence
April 30, 2023  |  Consumer Insights

Government data confirms what consumers already know: Market and Main Street stabilization may be further off than previously thought. The Bureau of Economic Analysis (BEA)...

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GDP Figures Show Economy Slowing and Consumers Still Spending
GDP Figures Show Economy Slowing and Consumers Still Spending
April 27, 2023  |  Economy

The U.S. economy slowed in the first three months of 2023, according to new government data. Figures released Thursday (April 27) by the Bureau of...

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Inflation Slows but Consumers Still Pivot to Cheaper Merchants
Inflation Slows but Consumers Still Pivot to Cheaper Merchants
March 31, 2023  |  Economy

Inflation is slowing — but not enough to cheer consumers, who expect inflation to last a long time. And the latest measures from the government...

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Personal Spending Slips for Second Consecutive Month
Personal Spending Slips for Second Consecutive Month
January 27, 2023  |  News

Personal spending fell 0.2% in December in the second month of declines. The Bureau of Economic Analysis (BEA) reported Friday (Jan. 27) that the December...

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