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
.@ChartwayFCU charitable arm, the We Promise Foundation, has reached the $1M fundraising milestone in a single year for the first time
35 minutes ago
.@mncreditunions' Mark Cummins shares CU difference with @KIMTNews3 http://t.co/gkarhZxDRF
1 hours ago
.@LeagueofSECUs' brand campaign reaches 80M consumers #NewsNow #System http://t.co/yKmdYyXN2v
2 hours ago
#NewsNow White paper from @CUNA Tech Council examines DDoS risk http://t.co/faMr9jnfzc
2 hours ago
#NewsNow: Fraud, theft, money laundering get CU employees banned from work. http://t.co/s0AQZ4LWbW
3 hours ago