consumer spending

More confident consumers break out credit cards

Washington — Americans are putting more money on their credit cards after more than two years of cutting back, a sign that they are gaining confidence in the economy.The first increase in credit-card debt since... more »

Consumer spending up 0.7 percent in December

Washington—Americans spent at the fastest pace in three years in 2010, boosted by a strong finish in December.Consumer spending rose 0.7 percent in December, the sixth straight monthly increase, the Commerce Department reported Monday. Households... more »

Consumer confidence ticks up in October

New York, NY - Americans got slightly more optimistic about the economy in October, but still have an overwhelmingly gloomy outlook, according to the latest reading on consumer morale.The Consumer Confidence Index rose to 50.2... more »

Retailers Create Innovative Promotions To Stimulate Consumer Spending

Sterling, Va. -- "To run a business you need the money flow. You need the money to buy inventory," says David Sun.Sun has struggled to get a bank to loan him the money he needs... more »

It’s in the cards

Evolving from the old paper gift certificate, the gift card has grown to be one of the most popular items for men and women.During the 2009 holiday season, some $87 billion was expected to be... more »

Recession resonated with Evanston shoppers over holidays

Despite a rise in consumer confidence, several Evanston businesses said sales have been slow, even during the holiday season. The Consumer Confidence Index, a measure of consumers' attitudes toward the economy, rose for the second... more »

Retailers’ pockets jingling after spirited holiday shopping season

Despite the struggling economy, SouthCoast retailers enjoyed a gift from consumers this season with relatively strong sales. While retail chains have not yet released their end-of-the-year numbers, local stores saw steady business in the days... more »

Evidence grows of upswing in retail

If the crowds seemed thicker this year as you did your holiday shopping, that's because they probably were.Hard numbers won't be available until individual retailers report sales in early January, but local retailers are expecting... more »