Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
U.S. Consumers Spent More In July
WASHINGTON (9/3/13)--Consumer spending in the U.S. inched up in July amid slowing income growth and tame inflation (The New York Times and The Wall Street Journal Aug. 30). 
 
Consumer spending--which is a gauge of how much consumers spend on everything from household cleaners to cars--rose 0.1% in July from June, the Commerce Department said Friday. That follows a robust 0.6% spending increase in June.
 
Personal income increased 0.1%--a decline from June's 0.3% gain and the slowest pace since April.

The report is a harbinger that consumers may be reducing expenditures after more robust spending increases earlier this year--although they are not curbing spending altogether, the Journal said.
Other Resources

CUNA National Economic Data
RSS print
News Now LiveWire
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
12 hours ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
13 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
14 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
15 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
16 hours ago