Consumer Behavior – Page 39

China Details Plans to Stimulate Consumer Spending

The central government listed measures aimed at prodding people to open up their wallets, but absent was how much it will spend to support the stimulus plan.

By Keith Bradsher

Consumer Behavior Federal Reserve System Hiring and Promotion Inflation (Economics) Labor and Jobs Prices (Fares, Fees and Rates) United States Economy Wages and Salaries

Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling

Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers who have been worried that rapidly rising wages could make it harder to get inflation under control.

By Ben Casselman

Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

The Fed’s Preferred Inflation Measure Cooled in June

The Personal Consumption Expenditures index moderated, even as consumer spending data looked strong.

By Jeanna Smialek

Building (Construction) Commerce Department Consumer Behavior Factories and Manufacturing Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates Real Estate and Housing (Residential) Recession and Depression United States Economy

GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track

The reading on gross domestic product was bolstered by consumer spending, showing that recession forecasts early in the year were premature, at least.

By Ben Casselman