Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.
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Tag: Brean Capital
US consumer spending solid in July; inflation rises moderately
Consumer spending increased solidly in July, arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.
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US labor market still tight; productivity falters in first quarter
The number of Americans filing new claims for unemployment benefits held steady at a low level last week.
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US economy grows 5.2% in third quarter; higher interest rates sapping momentum
The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.
Read More US economy grows 5.2% in third quarter; higher interest rates sapping momentum