Consumer spending

U.S. personal income and consumer spending increased by 0.2 percent in March. Julia Coronado, chief economist with the investment bank BNP Paribas, discusses the numbers and what they mean for the economy.

A Visa study finds that prom costs about $1,100 -- but kids from families with incomes under $50,000, and kids with single parents, spend more on prom. Turns out there’s a long tradition of chastising the poor for spending “too much” on big life events.

Consumers had a strong February -- spending jumped 0.7 percent and personal income rose 1.1 percent.

Global markets are mixed this morning after China reported that inflation hit a ten-month high in February and consumer spending came in worse than expected.

The fiscal cliff debate may have ended on January 1st, but if you thought that was the last you'd heard of it, think again.

A Commerce Department report out today shows that GDP fell 0.1 percent last quarter, but consumer spending, business investment and employment continue to rise.

Despite the impending fiscal cliff, consumer spending turned out to be higher than expected this holiday season.

As stricken homeowners dig out, home-improvement sales should see a boost.

The government is estimating U.S. GDP grew two percent for the past three months. The figure is better than economists had expected -- but then again, they weren't expecting much.