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Euro-area economy gets boost from investment, consumer spending
Consumer spending and business investment kept the euro-area economy humming along in the second quarter, with the wheels greased by the European Central Bank’s ultra-loose monetary policy.
Weak consumer spending seen restraining US growth in first quarter
The US economy likely slowed in the first quarter as growth in consumer spending braked sharply, but the setback is expected to be temporary against the backdrop of a tightening labor market and large fiscal stimulus.
UK consumer spending falls
British consumers cut their spending for the first time in nearly four years last month, figures from credit card firm Visa showed, as households turned more cautious even before last week's shock election result.
Bank of England warns of consumer spending squeeze
Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real wages fall.
Trade, consumer spending, business investment boost UK growth
Robust consumer spending and exports powered economic growth in the third quarter as business investment rose despite the vote to leave the EU, according to official figures.
Consumer spending drives Germany’s economic growth
Germany recorded a public sector budget surplus of 0.5 percent last year, the highest in 15 years, thanks to solid economic growth of 1.7 percent driven by consumer spending.

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