Consumer spending hits six year high in December

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The numbers: Consumer spending climbed 0.4% in December, capping off the biggest increase in household buying since 2011. Economists polled by MarketWatch had forecast a 0.5% increase.

Discretionary spending hits threeyear high The latest deloitte consumer Tracker shows that an improving labour market and falling inflation are having a pronounced effect on consumer spending behaviours. In Q4 2014 fewer people suffered a reduction or a loss of income and more people said they had received a pay rise than a year ago.

Consumer spending flat in December while savings hit 3-year high alnatura, press office. U.S. consumer spending was flat in December despite a tick up in incomes, suggesting continued caution.

1 percent increase in consumer spending over the 2017 holiday season.. Holiday shopping hit a six-year high in 2018, according to a new report by. Lower gas prices through December also contributed to the holiday.

US consumer spending increased in December, reaching levels not seen since before the recession. Average daily spending was $98 last month, up from the $95 in November, according to Gallup. Vehicle sales in the US also climbed during December for many automakers. General Motors saw sales rise 19%

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U.S. Consumer Confidence Rises to Six-Month High. since December 2000, while the expectations index rose to a six-month high of 106.6.

Average incentive spending per unit in August is expected to reach $4,177, up from $3,878 last year. Consumers are on pace to spend a record $46.8 billion on new vehicles in August, up $5.7.

Factory activity hit a 2-1/2-year high in February. The Commerce Department said consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.2 percent after.

(Reuters) – Walmart Inc posted its strongest holiday quarter in at least a decade on Tuesday, boosted by higher grocery and e-commerce sales, and said it saw no signs of weakness in U.S. consumer.

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Closely watched consumer confidence hits five-year high.. reached since the Great Recession began in December 2007. So far, reports on consumer spending for the second quarter have been mixed.