Japan's household spending surged in March at the fastest pace in nine years in a sign that Prime Minister Shinzo Abe's bold efforts to end two decades of stagnation are lifting consumer confidence and setting the stage for an economic revival.
Japan's household spending surged in March, while the unemployment rate eased, the Finance Ministry reported Tuesday, with both results surpassing economists' expectations. Spending by households of two or more people rose 5.2% from a year...
Even before the federal government delivers its 2013 budget, the writing is already on the wall: Limited economic growth, slower household spending and the same old rock-bottom interest rates
Retail sales in the US rose in January for a third consecutive month, showing household spending is holding up even as an increase in the payroll tax takes a bigger bite from paychecks.
Japanese economic data came in below expectations, as the Finance Ministry said Friday that the unemployment rate rose back to 4.2% in December, while price-adjusted spending for households of two or more people fell 0.7% from a year earlier....