Richard Curtin News
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Consumer spending climbed in February by the most in five months and confidence unexpectedly improved in March, showing job-market gains are helping Americans overcome tax increases and concern about federal budget cuts.
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Winnebago Industries Inc. , the biggest U.S. maker of motor homes, may make its first acquisition in more than 20 years, signaling the recreational- vehicle market sees a sustained economic recovery.
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Confidence among consumers fell more than forecast in December, reaching a four-month low as Americans grew concerned about the possibility of higher taxes next year.
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Brady Miller is paying more for vinyl siding for his construction business and for groceries to feed his family. He can’t charge customers more, showing why some Federal Reserve officials say inflation will ease.
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Consumer confidence improved more than projected in August as merchant discounts and record-low interest rates help U.S. households bolster finances.
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Consumer confidence rose in May to the highest level since October 2007 as Americans became more upbeat about the prospects for employment.
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The world economy is paying a price for democracy.
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Chairman Ben S. Bernanke and his Federal Reserve colleagues are preparing to meet next week as two-year Treasury yields near a record low signal a U.S. economy on the knife’s edge between growth and contraction.
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A jump in inflation expectations probably won’t concern Federal Reserve officials meeting next week because it reflects a surge in gasoline prices rather than the outlook for broader costs, economists said.
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