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Personal Consumption

Recession Cost Average American $7,300, Fed Economist Says

The Huffington Post | Alexander Eichler | Posted 09.10.2011 | Business

The recession that struck the U.S. in 2007 has cost consumers about $7,300 each in lost spending, according to a San Francisco Federal Reserve economi...

Cautious Americans Keeping Purses Closed

New York Times | MICHAEL BARBARO, LOUIS UCHITELLE | Posted 05.25.2011 | Business

Strong evidence is emerging that consumer spending, a bulwark against recession over the last year even as energy prices surged and the housing market...