The wealthiest Americans have been doing even better than previously thought — and are driving a consumer spending surge that ...

U.S. consumer spending increased slightly more than expected in August as households went on vacation and dined out, keeping ...

US personal spending rose at a solid clip in August for a third month, suggesting consumers continued to power the economy ...

Consumer spending rose 0.6% in August, exceeding economists' expectations. The PCE index, the Federal Reserve's preferred inflation gauge, rose 0.3% in August, data that is likely to reassure top ...

Growth was revised up to 3.8% in the period from April through to June - up from the previous estimate of 3.3%.

And six weeks after President Donald Trump fired the former BLS head for allegedly, in his words and without proof, “rigging” ...

The unexpectedly sunny spending data followed an upward revision in second quarter gross domestic product growth to 3.8% from ...

Economists expect spending to slow considerably by the end of the year, undercut by higher prices. Inflation has been slow to ...

Solid income growth helped to provide fuel for resilient US consumers, whose spending powers more than two-thirds of America’s economic activity. Personal income rose by 0.4% last month (marking an ...

The biggest takeaway from the full August personal income and outlays report is that consumption growth remains strong, even ...

Airlines unveil luxury suites while retailers like Walmart add premium brands to attract higher-earning customers who ...

Stronger-than-expected U.S. economic data, including around consumer-spending, has been putting a dent in expectations for ...