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March 28, 2020

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Consumers

Amazon faces new role in virus crisis: lifeline

Amazon faces new role in virus crisis: lifeline

Amazon is finding itself in a new role in the coronavirus crisis as hunkered-down consumers increasingly turn to the tech giant for anything from toilet tissue to streaming television.The massive infrastructure Amazon has spent years building n warehouses, dis

As coronavirus hits, US inflation largely absent in February

As coronavirus hits, US inflation largely absent in February

American consumers saw only tepid price increases for goods and services in February, the government reported Wednesday, as the coronavirus outbreak sent fuel and travel prices plunging.The increase in the seasonally adjusted consumer price index of just 0.1 p

US consumers less confident than expected in February

US consumers less confident than expected in February

US consumers felt only slightly more confident in February, a result that fell well below analyst expectations amid fears of a worsening job market and business conditions, a private survey released Tuesday said.The monthly survey was a mixed result compared t

Boost in autos, construction raise US retail sales in new year

Boost in autos, construction raise US retail sales in new year

US consumers resumed buying autos in January and took advantage of mild weather to boost purchases of building materials, pushing up overall retail sales, according to government data released Friday.Amid a steady job market, American consumers continued their