arabtoday
Last Updated : GMT 14:41:31
Arab Today, arab today
Arab Today, arab today

US consumer spending rises slightly

Arab Today, arab today

Arab Today, arab today US consumer spending rises slightly

Washington - SPA

U.S. consumer spending rose slightly in January as consumers earned more money, the government said Thursday in a report that suggests the economy will grow at a modest pace. The Commerce Department reported that consumer spending-which accounts for 70 percent of U.S. economic activity-rose 0.2 percent in January following no change in December. Incomes rose 0.3 percent in January, the second consecutive month of gains. Last year, income barely kept pace with inflation, so the increases seen recently are a positive sign that consumers will have more money to spend. Income in January and December was boosted by stronger hiring, not pay increases. Still, the trend should fuel more consumer spending and support solid growth in the coming months. Consumer spending rose 2.1 percent in the final three months of last year, and economists expect a similar increase in the current quarter, which should help the economy grow at about a 2 percent pace in the January-March period. Most economists expect growth should rise to 2.5 percent this year. Such a pace would be healthy in normal conditions but is modest following the worst recession since the second world war.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us consumer spending rises slightly Arab Today, arab today us consumer spending rises slightly

 



Arab Today, arab today
Arab Today, arab today Adidas Originals ‘reinterpreted’

GMT 14:52 2016 Thursday ,01 December

Adidas Originals ‘reinterpreted’
Arab Today, arab today At Milaidhoo Island, Maldives

GMT 08:42 2016 Wednesday ,07 December

At Milaidhoo Island, Maldives
Arab Today, arab today Paris's matchbox apartments

GMT 10:37 2016 Saturday ,24 September

Paris's matchbox apartments
Arab Today, arab today As West watches Aleppo slip away

GMT 08:15 2016 Saturday ,10 December

As West watches Aleppo slip away
Arab Today, arab today 'Rookie' Trump must fall into line

GMT 08:02 2016 Tuesday ,06 December

'Rookie' Trump must fall into line

GMT 05:12 2016 Saturday ,10 December

OPEC to push for non-member oil cuts

GMT 05:05 2016 Saturday ,10 December

Private sector investments in KSA to gather pace in 2017

GMT 14:13 2016 Thursday ,08 December

British PM seeks to boost Gulf economic ties

GMT 15:45 2016 Wednesday ,07 December

Britain clamps down on spread betting industry

GMT 15:29 2016 Wednesday ,07 December

Oil firms and carmakers diverge in costly debate

GMT 09:41 2016 Tuesday ,06 December

Japan moves closer to legalising casinos in Tokyo
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today The summer school raising aspirations

GMT 12:49 2016 Tuesday ,06 December

The summer school raising aspirations
Arab Today, arab today Ryan Gosling, Emma Stone immortalized

GMT 12:31 2016 Thursday ,08 December

Ryan Gosling, Emma Stone immortalized
Arab Today, arab today Australia's Rinehart, China group

GMT 10:02 2016 Friday ,09 December

Australia's Rinehart, China group
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Hyundai allows Saudi journalists

GMT 15:14 2016 Thursday ,01 December

Hyundai allows Saudi journalists
Arab Today, arab today Latest Infiniti QX to compete

GMT 13:16 2016 Saturday ,26 November

Latest Infiniti QX to compete
Arab Today, arab today Kirk Douglas at 100, still in love

GMT 12:19 2016 Thursday ,08 December

Kirk Douglas at 100, still in love
Arab Today, arab today Swiss unveil stratospheric solar plane

GMT 13:47 2016 Thursday ,08 December

Swiss unveil stratospheric solar plane

GMT 10:48 2016 Tuesday ,06 December

France bets on Bollywood

GMT 10:52 2016 Tuesday ,06 December

Vanessa Redgrave makes directing

GMT 04:15 2016 Thursday ,30 June

World's largest uncut diamond fails

GMT 11:39 2016 Tuesday ,06 December

Indonesia expands protection

GMT 15:59 2015 Wednesday ,27 May

Seoul elevates gardening to high art

GMT 12:39 2016 Saturday ,26 November

Skin patch could help kids

GMT 13:17 2016 Friday ,25 November

Ajman Tourism launches time capsule

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 14:08 2016 Saturday ,10 December

Samsung Galaxy A8 arrives in Saudi market

GMT 09:53 2016 Sunday ,15 May

OMEGA official timekeepers
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Powered and Developed by FilmMatters

Copyright © 2016 Arabtoday

Developed by FilmMatters

© 2016 Arabtoday

arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabtoday, Arabtoday, Arabtoday