household budgets

As Food Costs Rise, Store Brands Take Off

In this economy, cash-strapped consumers have become more budget conscious and less concerned about appearing cheap. As a result, better-known brands have steadily been losing ground to store-branded food products.

U.S. Consumer Spending Grew in October

U.S. consumer spending grew about 7% in October from September, but remained down 5% from the same month last year, according to a Gallup poll released Thursday. The figures could indicate more financial comfort heading into the all-important holiday shopping season.