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International Council Of Shopping Centers
Latest International Council Of Shopping Centers Items
Americans spent more at retail businesses in June, buying more cars, furniture and clothes. The gain shows that consumers continue to drive economic growth.
Americans spent briskly during the early spring months in the latest sign that they're encouraged by the economic recovery.
Americans cut back on spending in February as cold weather and economic challenges chilled their appetite for spring merchandise.
A last-minute surge in spending may have saved Christmas for stores.
Washington played the Grinch that stole Christmas this year as the partisan impasse over the budget deficit instilled fear that the nation will fall over the "fiscal cliff," dashing consumer holiday spirits and spending.
U.S. consumers are in an upbeat mood and are preparing to spend more this holiday season than last year's, providing a badly needed boost to the economy. But headwinds from the lingering effects of Superstorm Sandy and the year-end political storm brewing in Washington could put a damper on their shopping spree, analysts say.
Average U.S. rates on fixed mortgages fell to fresh record lows for the second straight week. The declines have led more homeowners to refinance, a trend that could help jump-start the economy.
This summer, Americans were walking contradictions: They opened their wallets despite escalating fears about the slow economic recovery and surging gas prices.
Americans kept spending this summer despite their escalating fears about the slow economic recovery and surging gas prices.