Read more consumer spending stories on Newserhttp://www.newser.com/taggrid/6301/consumer-spending.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:47:04 CSThttp://www.newser.com/story/74728/q3-gdp-growth-more-like-28-than-35.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe government’s optimistic reading of GDP growth in the 3rd quarter was distorted by a pair of rose-tinted glasses, it now says. The Commerce Department has revised its estimate down to 2.8% from 3.5% on evidence that stimulus programs like Cash for Clunkers and the homebuyers' tax credit...http://www.newser.com/story/74728/q3-gdp-growth-more-like-28-than-35.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 24 Nov 2009 9:29:01 CSThttp://www.newser.com/story/74322/forget-the-rosy-stats-the-little-guy-is-in-bad-shape.html?utm_source=syn&utm_medium=rss&utm_campaign=tagDon’t believe the rosy official statistics; for most Americans, the economy is in incredibly bad shape, according to the economist some call “Dr. Doom.” We’re looking at a tale of two economies, Nouriel Roubini writes in the Globe and Mail . For top businesses, it’s recovering slowly—hence the 3.5%...http://www.newser.com/story/74322/forget-the-rosy-stats-the-little-guy-is-in-bad-shape.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 18 Nov 2009 13:34:59 CSThttp://www.newser.com/story/72885/us-gdp-jump-hollow-if-unemployment-keeps-rising.html?utm_source=syn&utm_medium=rss&utm_campaign=tagNews that the US gross domestic product jumped 3.5% in the third quarter cheered investors and others, but the cheers will ring hollow if unemployment keeps rising, John Authers writes. Consumer spending rose even as disposable income fell—“ not a pattern that can be sustained for long, and it...http://www.newser.com/story/72885/us-gdp-jump-hollow-if-unemployment-keeps-rising.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 29 Oct 2009 20:07:12 CDThttp://www.newser.com/story/72539/women-drive-recovery-but-dissed-by-retail.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWomen who shop til they drop are stimulating the economy more than any Ben Bernanke, but the planet's greatest spending bloc feels dissed by retailers and service providers. Women control $20 trillion in annual consumer spending in the world—a figure likely to climb to $28 trillion by 2014. Despite...http://www.newser.com/story/72539/women-drive-recovery-but-dissed-by-retail.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 26 Oct 2009 2:32:30 CDThttp://www.newser.com/story/69618/supermarkets-slash-prices.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAmericans are getting a big break on the price of food, as the recession drives down the cost of wheat, milk, and other staples, and supermarkets fight feverishly for sales. After a year of dramatic increases, commodities are way down—the price of corn, for instance, is down 56% since...http://www.newser.com/story/69618/supermarkets-slash-prices.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 17 Sep 2009 7:32:51 CDThttp://www.newser.com/story/68083/penny-pinching-may-linger-long-after-recession.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Great Recession is loosening its grip on Americans, but the spirit of thrift it inspired isn't, reports the New York Times . Consumer spending, which until recently accounted for 70% of US economic activity, looks unlikely to return to full steam as consumers emerge from the recession cramped by lower...http://www.newser.com/story/68083/penny-pinching-may-linger-long-after-recession.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 29 Aug 2009 6:40:02 CDThttp://www.newser.com/story/67258/lousy-retail-sales-will-delay-recovery.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIf the recession is indeed waning, nobody told consumers. Retailers of every kind reported lousy sales for the quarter ended Aug. 1, the Wall Street Journal reports. Target’s same-store sales fell 6.2%, Home Depot’s dropped 9.1% and Saks’ plummeted a whopping 15.5%. And with unemployment, stagnant wages,...http://www.newser.com/story/67258/lousy-retail-sales-will-delay-recovery.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 19 Aug 2009 8:38:27 CDThttp://www.newser.com/story/66839/sales-of-mens-undies-rebound-with-economy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAmid mixed reports about recession and economic recovery, here's a bright spot: Men’s underwear sales are on the rebound. Believe it or not, that's a reliable indicator, because selling unmentionables is “such a need-based business that it really is a good indication that the consumer hasn't checked out,” an industry...http://www.newser.com/story/66839/sales-of-mens-undies-rebound-with-economy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 13 Aug 2009 15:01:02 CDThttp://www.newser.com/story/65763/gdp-slows-descent-falls-just-1.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe US economy contracted in the second quarter, but it was a mild decline that beat analyst estimates, Bloomberg reports. GDP fell 1%, less than the 1.5% economists predicted, and a heck of a lot less than the 6.4% and 5.4% drops seen in the two previous...http://www.newser.com/story/65763/gdp-slows-descent-falls-just-1.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 31 Jul 2009 8:00:11 CDT