consumer spending

Retail Sales Crashed in December

As the stock market slumped and the government headed into a shutdown, American consumers pulled back on spending in December.

Santa should have a good year, as retailers expect to see holiday sales in November and December jump as much as 4.8 percent over 2017

U.S. GDP Grew by 3.5 Percent in Third Quarter

The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.

The Associated Press