She's Going a Year Without Buying Clothes (and So Can You)
One woman decided to take an extreme approach to her shopping addiction by going a full year without buying a single item of clothing. Here's how you can do the same.
consumer spending
Abbott Labs Posts Strong First-Quarter Growth
Abbott Labs reports higher earnings from continuing operations, as demand for its nutritional and diagnostic products offset declining sales of the company's medical devices.
Mattel's Q1 Earnings Rise on Solid Sales
Mattel's first-quarter net income more than quadrupled, as sales of Monster High and American Girl products rose, the toymaker says.
Family Dollar Says Earnings Hurt by Delay in Tax Refunds
Family Dollar reports weaker-than-expected quarterly profits, saying a delay in tax refunds hurt sales at the end of January and early February.
In Hard Times, People Who Grew Up Poor Spend More, Cut Less
It may seem, counterintuitive, but the latest research is clear: Poor people react to hard economic times by spending more and cutting their budgets less.
Dirty Money: Consumers Spend Crumpled Bills Faster, Study Finds
A study by Canadian marketing professors finds that people are more quick to spend the crumpled, dirty bills in their wallet -- unless there are other people watching.
U.S. Consumers' Spending Up in February, Data Show
U.S. consumer spending rose in February and income rebounded, further signs economic activity accelerated in the first quarter.
Retail Sales Up 1.1% in Feb, Fastest Spending Pace in 5 Months
Americans spent at the fastest pace in five months in February, boosting retail spending 1.1 percent compared with January, despite a rise in Social Security taxes.
Consumers Embrace Water As Concerns About Soda Are Debated
Consumers are increasingly reaching for bottled water as a healthier, relatively affordable alternative, as sugary drinks come under fire for fueling obesity rates.
Families Dip Into Savings as Incomes Fall, Energy Costs Rise
In January, U.S. incomes dropped, but spending rose as consumers dug into savings to help cover rising utility costs and the increased price of gasoline.
Consumer Spending Up, Income Posts Largest Drop in 20 Years
U.S. consumer spending rose in January as Americans spent more on services, with savings providing a cushion after income recorded its biggest drop in 20 years. The Commerce Department said on Friday consumer spending increased 0.2 percent in January.
Consumer Spending Up 0.2%, but Income Has Best Gain in 8 Years
U.S. consumers increased their spending in December at a slower pace, while their income grew by the largest amount in eight years, the Commerce Department said. Income surged because companies rushed to pay dividends before income taxes increased on high-earners.
U.S. Consumer Debt Rises on More Car, School Loans
U.S. consumers borrowed more in November to buy cars and attend school, but stayed cautious with their credit cards. The Federal Reserve said Tuesday that consumers increased their borrowing in November by $16 billion from October to a seasonally adjusted record of $2.77 trillion.
Despite Strong December Sales, a Mixed Holiday Season for Retail
The retail industry is reporting some much-needed good news in the form of stronger-than-expected December sales figures. But those numbers seem to have come as a result of desperate last-minute discounting, suggesting reduced profit margins and an increasingly hard-to-please American shopper.
Life's Necessities Could Cost You $3,794 More in 2013
Surveying the raft of end-of-year surveys floating around right now, it quickly becomes apparent that not only are our taxes set to rise in 2013, but the cost of a whole lot of other stuff is going up, too. The question is: How much more expensive will life get in the new year? Here are the grim statistics.