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U.S. wholesale prices rise 0.1 percent in June

  U.S. wholesale prices rose only slightly last month, as higher costs for food and pickup trucks offset another drop in energy prices. But overall inflation stayed mild, leaving the Federal Reserve room to take steps to boost the economy.   The Labor Department said Friday that the producer price index increased 0.1 percent in… Continue Reading U.S. wholesale prices rise 0.1 percent in June

Health care spending in the United States is expected to grow at an average annual rate of 5.7 percent for the next 10 years, according to estimates from the Office of the Actuary at the Centers for Medicare and Medicaid Services. That’s 0.9 percent higher than the expected growth in the gross domestic product, according… Continue Reading Health Affairs: Health care spending to grow faster than GDP

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A new report says U.S. health care spending will continue climbing at a more moderate pace next year, which may help contain hikes in the price of employer-sponsored insurance. PwC’s Health Research Institute says the cost to deliver health care will climb 7.5 percent per person in 2013. That counts spending on everything from doctor… Continue Reading Report predicts moderate health care spending rise

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U.S. builders barely increased their spending on construction projects in March after two straight months of declines. A pickup in single-family home construction and commercial projects offset a steep drop in state and local government building. The Commerce Department said Tuesday that construction spending ticked up 0.1 percent. The small March gain left construction spending… Continue Reading U.S. construction spending barely increased in March

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Americans to spend more on Easter

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Americans are expected to spend 11 percent more on clothing and candy for Easter this year than they did last year, according to survey results from the National Retail Federation. The average Americans are expected to spend $145.28, up from $131.04 last year, according to the report. That rate of spending rises above 2008 levels… Continue Reading Americans to spend more on Easter

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Feds plan to spend $50M on carp fight

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The Obama administration will spend about $50 million this year to shield the Great Lakes from greedy Asian carp, including first-time water sampling to determine whether the destructive fish have established a foothold in Lakes Michigan and Erie, officials said Thursday. An updated federal strategy for preventing an invasion also includes stepped-up trapping and netting… Continue Reading Feds plan to spend $50M on carp fight

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Consumers to spend more this Valentine’s Day

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Consumers this year are set to spoil their friends, family and loved ones on Valentine’s Day – and price is not a concern. According to the national Retail Federation, the average person plans to spend 8.5 percent more this year on chocolates, teddy bears and flowers. The survey shows that the average person will spend… Continue Reading Consumers to spend more this Valentine’s Day

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Americans’ confidence in the economy in November bounced back to its highest level since July, the latest sign that consumers are beginning to feel more cheerful about spending during the holiday shopping season. The Conference Board, a private research firm, says Tuesday that its Consumer Confidence Index rose 15 points to 56.0. That’s up from… Continue Reading Americans in November more confident about economy

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Inquiring minds want to know your shopping plans

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UCCS and BiggsKofford want to know local residents’ shopping plans. The two organizations sent out a survey Monday to find out. It’s the third year in a row for the survey, which was created by the Southern Colorado Economic Forum at UCCS. “The survey results have been similar to what you get on a national… Continue Reading Inquiring minds want to know your shopping plans

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A tax cut that began last month gave consumers the biggest jump in their incomes in nearly two years. But Americans boosted their spending only slightly, a sign that many people are being cautious with their money even as the economy improves. Consumers increased spending 0.2 percent in January, the smallest gain since June, the… Continue Reading Tax cut boosts incomes, spending sees small gain

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