WASHINGTON, Nov. 27 (UPI) -- Consumer spending, a major force in the U.S. economy, may fall further as the recession wears on, a leading economist said Thursday.
WASHINGTON, Nov. 26 (UPI) -- Consumer spending dropped for the fourth consecutive month, falling sharply in October, the U.S. Commerce Department said Wednesday.
WASHINGTON, Nov. 25 (UPI) -- The third quarter U.S. gross domestic product fell further than previously estimated, dropping 0.5 percent, the Bureau of Economic Analysis said Tuesday.
WASHINGTON, Nov. 12 (UPI) -- Recent data indicate the U.S. consumer, responsible for two-thirds of the U.S. economy, may cut spending sharply through 2009.
WASHINGTON, Oct. 30 (UPI) -- The U.S. economy shrank in the third quarter, falling at an annual rate of 0.3 percent, possibly indicating a recession has begun, the government said.
LONDON, Oct. 1 (UPI) -- Expenses outstripped income in Britain in the first six months of 2008 for the first time since 1958, the government said Wednesday.
TOKYO, June 4 (UPI) -- Japanese companies, hit by soaring raw material prices, saw their first quarter pretax earnings drop 17.5 percent from year-ago levels, the government reports.
LONDON, May 23 (UPI) -- Britain's economy slowed to 0.4 percent growth in the first quarter of 2008, down from 0.6 percent in the past two quarters, the government said.
OTTAWA, March 3 (UPI) -- The Canadian economy faltered in the fourth quarter of 2007, Statistics Canada reported Monday.
WASHINGTON, Jan. 30 (UPI) -- Gross domestic product advanced at a seasonally adjusted rate of 0.6 percent in the fourth quarter of 2007, the U.S. Commerce Department said Wednesday.
WASHINGTON, Nov. 29 (UPI) -- The U.S. gross domestic product rose at an unexpectedly strong 4.9 percent rate last summer, a Commerce Department reported Thursday.
WASHINGTON, Oct. 31 (UPI) -- The U.S. gross domestic product rose 3.9 percent, despite a nationwide housing slump, due to a growth in exports, the U.S. Commerce Department said Wednesday.
BEDMINSTER, N.J., July 16 (UPI) -- The U.S. pharmaceutical industry is cutting back direct-to-consumer broadcast and print ads and will promote drugs via online media, a survey finds.
WASHINGTON, Feb. 1 (UPI) -- A five-month high in U.S. consumer spending pushed personal savings to its lowest level since the Great Depression, the Commerce Department said Thursday.
COLLEGE PARK, Md., Nov. 29 (UPI) -- Figures released Wednesday by the U.S. Commerce Department indicate the current 5-year-old recovery still depends on consumers.
