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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
Americans spent at a moderate pace last month, giving the economy a boost ahead of the holidays. The Commerce Department reported Thursday that consumers increased their spending 0.4 percent in November. The gain came after shoppers ratcheted up spending by 0.7 percent in October, the most since August 2009. Even with the latest increases, consumers [...] [...]
Retail sales rose in April for the seventh straight month, offering hope that consumer spending will keep supporting the economy in the months ahead. The Commerce Department said Friday that retail sales rose 0.4 percent last month, better than the 0.2 percent increase economists had expected. The gain was less than the the 2.1 percent [...] [...]
Couples plan to spend less on each other this Valentine’s Day, but more on family, friends, co-workers and even their pets. The National Retail Federation’s annual Valentine Day’s report, said that couples will spend $63.34 on gifts for each other, compared to $67.22 last year; but will shell out a total of $103 on traditional [...] [...]