US shoppers prop up the economy
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Consumer spending is shown to be the main driver of the US economy in the first quarter of 2007.
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US consumers spend more as the holiday shopping season starts but fewer people head to the shops, research shows.
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U.S. retail sales jumped a  larger-than-expected 1.2 percent in December as lower gas  prices left shoppers with more cash to spend, while cheaper oil  also pulled down import prices more than anticipated,  government reports showed on Thursday.
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The US economy grew faster than expected in the last quarter of 2006, lifted by consumer spending.
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The buying power of U.S workers is now rising at the fastest rate since the economic boom of the late 1990s.
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The US economy accelerated in the third quarter as consumers rediscovered a penchant to spend, economists forecast the government to report this week.
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Heavy consumer spending in the United States strains the global economy and also sustains it.
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The US economy grew at a faster-than-expected 3.9 percent annual pace in the third quarter of 2004, powered by robust consumer and business spending, the government revealed.
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An important US economic measure moved higher in November for the first time in nearly half a year. The index of leading economic indicators, forecasting activity in the coming months, rose 0.2 points from
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The U.S. growth outlook got a boost  on Monday with the release of stronger-than-expected retail  sales data that helped cement views the Federal Reserve will  raise interest rates again this week.
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US consumer spending climbed 0.6 percent as expected in September and inflation remained benign, government data showed on Monday, as shoppers splashed out after showing restraint the previous month.
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The US economy is gaining momentum, bolstered by home building, shipping, and even the beleaguered manufacturing sector, the Federal Reserve said yesterday in a newly upbeat assessment.
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US retail sales rose by more than expected in September, easing worries that growth in the world's top economy is in danger of slowing down.
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US consumer spending is on the rise again, a sign the economy may be emerging from an early summer decline.
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Robust consumer spending during the  third quarter helped the U.S. economy advance faster than first  thought, a government report showed on Tuesday, while  underlying inflation was the tamest in decades.
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US consumers cheered up in early December, sending potentially good news to retailers during the crucial holiday shopping season, a report showed on Friday.
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Consumer spending in the US rises by its largest amount in three-and-a-half years in November, figures show.