Transport Topics
Rebound in Consumer Prices Shows Inflation Stabilizing
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A rebound in U.S. consumer prices in April signals inflation is stabilizing, supporting the case for Federal Reserve policymakers to raise interest rates, Labor Department figures showed May 12.
Gain in Retail Sales Suggests Slowdown Was Temporary
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A pickup in U.S. retail sales last month adds to signs of steady consumer spending that will help propel the economy after a first-quarter slowdown, Commerce Department data showed May 12.
Four-Month High in Consumer Sentiment to Sustain Spending
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A four-month high in consumer confidence indicates Americans remain optimistic about their incomes, helping to support steady growth in spending this year, University of Michigan survey data showed May 12.
It's Back to Steady for US Economy as Retail Sales, CPI Rise
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Data released May 12 showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory.
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