Business activity in the U.S. unexpectedly expanded in October, a sign the economic recovery that began in the third quarter will persist in coming months. Read More Chicago Purchasing Managers Index Increased to 542 in October
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U.S. consumer sentiment slipped this month as Americans worried about their personal finances and focused on paying down debts, though confidence in a national recovery remained high, a survey showed on Friday Read More Consumer sentiment slips in October survey
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While this news should not be confused with a fresh downturn for the U.S. economy it is a little disappointing, while inviting further consumer stimulus in the first quarter of next year. Read More Dollar and yen close the week on a high note
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US consumer spending fell for the first time in five months in September after the end of the government’s “cash for clunkers” scheme. Read More US consumer spending drops as cash for clunkers stimulus ends
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