Third-Quarter GDP Rose to 2% on Consumer Spending

by | Oct 29, 2010 | Towing

Consumer outlays increased at the best pace in about four years — providing some hope that the expansion can continue. The rise from the second-quarter rate of 1.7% was in line with economists’ expectations. Soaring imports w…

Less Affluent Households Give Consumer Sentiment a Boost

by | Oct 1, 2010 | Towing

September’s consumer sentiment level unexpectedly rose to 68.2 from its preliminary 66.6 reading. However, the entire gain came from more positive responses among households earning under $75,000 — those who wouldn’t be affect…