savings rate

Economic Report: Personal Income/Spending

By |2009-03-02T11:56:58-05:00March 2nd, 2009|Markets|

According to the Bureau of Economic Analysis and its monthly report on Personal Income and Outlays, in the last month, US consumers have become more proactive; saving alot, earning more, spending some, and wasting less. After adjusting for a 0.2% increase in prices, real consumer spending actually increased 0.4% for the month of January, the largest increase since November [...]

Economic Report: Personal Income/Spending

By |2009-02-02T15:29:00-05:00February 2nd, 2009|Markets|

According to the Bureau of Economic Analysis and its monthly report on Personal Income and Outlays, in the past few months, US consumers have cut back on big-ticket purchases and expenses and started saving for a change. After adjusting for a 0.5% decline in prices, real consumer spending decreased 0.5% for the month of December, following a 0.3% gain [...]

US and China Start Economic Meetings

By |2008-12-04T03:20:18-05:00December 4th, 2008|Economy|

The US and China opened their twice yearly Strategic Economic Dialogue with currency issues on the front burner: BEIJING (AP) – The deepening world economic crisis and a possible spat over currency levels hung in the air as the United States and China sat down Thursday to discuss the future of their economic relations. U.S. [...]

Economic Report: Personal Income/Spending

By |2008-11-26T15:20:57-05:00November 26th, 2008|Markets|

According to the Bureau of Economic Analysis and its monthly report on Personal Income/Spending, in the past few months, US consumers have cut back on big-ticket purchases and expenses and started saving for a change. Nominal consumer spending decreased 1.0% for the month of October, the largets decline since September 2001, after a 0.3% decline in last month. [...]