SPENDING - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/SPENDING News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) U.S. budget deficit dips to $128.7 billion in August http://www.sltrib.com/sltrib/money/58402800-79/deficit-billion-budget-government.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58402800-79/deficit-billion-budget-government.html.csp">U.S. budget deficit dips to $128.7 billion in August</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-11T15:54:01.426-06:00">Updated Sep 11, 2014 03:54PM MDT</span></h5> <div class ="entry-content">Washington • The federal government ran a lower budget deficit this August than a year ago, remaining on track to record the lowest deficit for the entire year since 2008. The August deficit was $128.7 billion, down 13 percent from the $147.9 billion deficit recorded in August 2013, the Treasury Department said Thursday in its monthly budget report. With just one month left in the budget year, the deficit totals $589.2 billion, 22 percent below last year’s 11-month total. The Congressional Budge...</div> <h5><a rel="item-license" href="#license-584028002014-09-11T15:54:01.426-06:00" id="#license-2014-09-11T15:54:01.426-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58402800@www.sltrib.com Thu, 11 Sep 2014 15:54:01 MDT European states struggle with Draghi’s challenge http://www.sltrib.com/sltrib/money/58402673-79/draghi-growth-spending-bank.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58402673-79/draghi-growth-spending-bank.html.csp">European states struggle with Draghi’s challenge</a></h4> <span class="author vcard"><span class="fn">By DAVID McHUGH and JUERGEN BAETZ</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-11T12:32:08.96-06:00">Updated Sep 11, 2014 12:32PM MDT</span></h5> <div class ="entry-content">Frankfurt, Germany • European Central Bank head Mario Draghi made the first move in his grand plan to rescue the economic recovery. Now it’s over to the governments of the 18 countries that use the euro. Eurozone finance ministers gather Friday and Saturday for the first time since the ECB president sketched out what has been dubbed “Draghinomics:” a three-pillared strategy including more stimulus from the central bank, added government spending and pro-business reforms to cut bureaucracy and ma...</div> <h5><a rel="item-license" href="#license-584026732014-09-11T12:32:08.96-06:00" id="#license-2014-09-11T12:32:08.96-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58402673@www.sltrib.com Thu, 11 Sep 2014 12:32:08 MDT Tea party, lesson learned, plays nice this time http://www.sltrib.com/sltrib/world/58399665-68/bill-shutdown-government-conservatives.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58399665-68/bill-shutdown-government-conservatives.html.csp">Tea party, lesson learned, plays nice this time</a></h4> <span class="author vcard"><span class="fn">By ERICA WERNER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-10T19:32:56.363-06:00">Updated Sep 10, 2014 07:32PM MDT</span></h5> <div class ="entry-content">Washington • The tea party may have learned its lesson. As Congress finishes work on a must-pass spending bill set for votes next week, the most conservative lawmakers on Capitol Hill are eager to send a message on immigration, and stand firm against a government lending bank. But a year after they forced a 16-day partial government shutdown over President Barack Obama’s health care law, few seem to have the stomach to push their demands that far again. “No question we learned that with the aid...</div> <h5><a rel="item-license" href="#license-583996652014-09-10T19:32:56.363-06:00" id="#license-2014-09-10T19:32:56.363-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58399665@www.sltrib.com Wed, 10 Sep 2014 19:32:56 MDT Japanese economy contracted 7.1 percent in quarter http://www.sltrib.com/sltrib/money/58388618-79/percent-economy-spending-tax.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58388618-79/percent-economy-spending-tax.html.csp">Japanese economy contracted 7.1 percent in quarter</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-09-09T14:38:12.834-06:00">Updated Sep 9, 2014 02:38PM MDT</span></h5> <div class ="entry-content">Tokyo • Japan’s economy contracted at a larger than earlier estimated annual rate of 7.1 percent in April-June, the government said Monday. Revised data showed business investment fell more than twice as much as estimated before, or 5.1 percent, while private residential spending sank 10.4 percent. The earlier estimate showed the economy contracting 6.8 percent. The recovery of the world’s third-largest economy has slowed following an increase in the sales tax to 8 percent from 5 percent on Apri...</div> <h5><a rel="item-license" href="#license-583886182014-09-09T14:38:12.834-06:00" id="#license-2014-09-09T14:38:12.834-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58388618@www.sltrib.com Tue, 09 Sep 2014 14:38:12 MDT Congress coming back, must act to avoid shutdown http://www.sltrib.com/sltrib/world/58385033-68/republicans-votes-congress-lawmakers.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58385033-68/republicans-votes-congress-lawmakers.html.csp">Congress coming back, must act to avoid shutdown</a></h4> <span class="author vcard"><span class="fn">By ANDREW TAYLOR</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-07T10:47:25.911-06:00">Updated Sep 7, 2014 10:47AM MDT</span></h5> <div class ="entry-content">Washington • Lawmakers are streaming back to Capitol Hill after their summer vacation for an abbreviated September session in which feuding Democratic and Republican leaders promise action to prevent a government shutdown while holding votes aimed at defining the parties for the fall campaign. Republicans control the House and want to pad their 17-vote majority, so they intend to follow this simple rule: first, do no harm. Last fall, they sparked a partial government shutdown over the implementa...</div> <h5><a rel="item-license" href="#license-583850332014-09-07T10:47:25.911-06:00" id="#license-2014-09-07T10:47:25.911-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58385033@www.sltrib.com Sun, 07 Sep 2014 10:47:25 MDT Democrats borrow a GOP idea on health care costs http://www.sltrib.com/sltrib/world/58375575-68/health-care-states-obama.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58375575-68/health-care-states-obama.html.csp">Democrats borrow a GOP idea on health care costs</a></h4> <span class="author vcard"><span class="fn">By RICARDO</span></span> <span class="author vcard"><span class="fn">ALONSO-ZALDIVAR</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-04T17:33:28.191-06:00">Updated Sep 4, 2014 05:33PM MDT</span></h5> <div class ="entry-content">Washington • Borrowing a Republican idea, a group including former senior Obama and Clinton advisers is unveiling a novel proposal to let states take the lead in controlling health costs. Individual states would set their own targets to curb the growth of health care spending. If they succeed, they’d pocket a share of federal Medicare and Medicaid savings, ranging from tens of millions to $1 billion or more, depending on the state. The plan, released Thursday, comes from the Center for American...</div> <h5><a rel="item-license" href="#license-583755752014-09-04T17:33:28.191-06:00" id="#license-2014-09-04T17:33:28.191-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58375575@www.sltrib.com Thu, 04 Sep 2014 17:33:28 MDT Letter: SLC is chasing golfers away http://www.sltrib.com/sltrib/opinion/58364501-82/courses-golfers-lake-salt.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58364501-82/courses-golfers-lake-salt.html.csp">Letter: SLC is chasing golfers away</a></h4> <h5><span class="updated" title="2014-09-03T16:41:25.962-06:00">Updated Sep 3, 2014 04:41PM MDT</span></h5> <div class ="entry-content">I having been predominately playing Salt Lake City golf courses since 1961. On Sept. 1 we experienced another fee increase. The city courses were already the highest priced in the greater metro area. Then there is the talk of course closures. In their attempt to make the courses a profit center, they are doing their best to drive people away. Every week there is news about the city spending hundreds of thousands of dollars on bicycle paths. It is very frustrating to golfers who enjoy the ...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58364501@www.sltrib.com Wed, 03 Sep 2014 16:41:25 MDT Government forecasts rising costs for health care http://www.sltrib.com/sltrib/money/58370578-79/health-care-percent-report.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58370578-79/health-care-percent-report.html.csp">Government forecasts rising costs for health care</a></h4> <span class="author vcard"><span class="fn">By RICARDO ALONSO-ZALDIVAR</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-03T16:11:02.126-06:00">Updated Sep 3, 2014 04:11PM MDT</span></h5> <div class ="entry-content">Washington • The nation’s respite from troublesome health care inflation is ending, the government said Wednesday in a report that renews a crucial budget challenge for lawmakers, taxpayers, businesses and patients. Economic recovery, an aging society, and more people insured under the new health care law are driving the long-term trend. Projections by nonpartisan experts with the Health and Human Services department indicate the pace of health care spending will pick up starting this year and b...</div> <h5><a rel="item-license" href="#license-583705782014-09-03T16:11:02.126-06:00" id="#license-2014-09-03T16:11:02.126-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58370578@www.sltrib.com Wed, 03 Sep 2014 16:11:02 MDT Salt Lake Comic Con delivers fans, but does it deliver dollars? http://www.sltrib.com/sltrib/news/58313984-78/comic-con-salt-lake.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58313984-78/comic-con-salt-lake.html.csp">Salt Lake Comic Con delivers fans, but does it deliver dollars?</a></h4> <span class="author vcard"><span class="fn">By Michael McFall</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-09-03T13:19:57.543-06:00">Updated Sep 3, 2014 01:19PM MDT</span></h5> <div class ="entry-content">How much impact does Salt Lake Comic Con have on downtown’s economy? That’s what co-founder Dan Farr would like to find out. During the second annual Comic Con, scheduled for Sept. 4-6, the convention will conduct a survey with Visit Salt Lake to measure how much money con-goers spend outside of the Salt Palace Convention Center. Before now, no one was tracking it. Technically, the Salt Lake Chamber doesn’t consider Comic Con a convention trade show. In its eyes, it’s a consumer show, and the i...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58313984@www.sltrib.com Wed, 03 Sep 2014 13:19:57 MDT U.S. construction spending up 1.8 percent in July http://www.sltrib.com/sltrib/money/58364031-79/percent-construction-spending-july.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58364031-79/percent-construction-spending-july.html.csp">U.S. construction spending up 1.8 percent in July</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> AP Economics Writer</span></span> <h5><span class="updated" title="2014-09-02T08:38:01.836-06:00">Updated Sep 2, 2014 08:38AM MDT</span></h5> <div class ="entry-content">Washington • U.S. construction spending staged a strong rebound in July, rising by the largest amount in more than two years. All major categories of construction showed gains in an encouraging sign that spending on building projects will help boost the economy in the second half of this year. Construction spending rose 1.8 percent in July, the biggest one-month gain since May 2012, the Commerce Department reported Tuesday. It followed a 0.9 percent decline in June, the largest setback in a year...</div> <h5><a rel="item-license" href="#license-583640312014-09-02T08:38:01.836-06:00" id="#license-2014-09-02T08:38:01.836-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58364031@www.sltrib.com Tue, 02 Sep 2014 08:38:01 MDT Milbank: America’s real ice bucket challenge http://www.sltrib.com/sltrib/opinion/58355931-82/bucket-ice-percent-federal.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58355931-82/bucket-ice-percent-federal.html.csp">Milbank: America’s real ice bucket challenge</a></h4> <span class="author vcard"><span class="fn">By Dana Milbank</span></span> <span class="source-org vcard"><span class="org fn"> The Washington Post</span></span> <h5><span class="updated" title="2014-08-31T01:01:04.828-06:00">Updated Aug 31, 2014 01:01AM MDT</span></h5> <div class ="entry-content">WASHINGTON • I’m just back from vacation in Europe, where, to judge from the political headlines coming out of the United States, this country had no greater care than which of its leaders would next be soaked in cold water. George W. Bush was doused by his wife, Laura, and then nominated Bill Clinton to take the ice-bucket challenge for charity. Mitt Romney got a bucket poured on him by his former running mate, Paul Ryan, who joined other possible 2016 presidential aspirants Scott Walker a...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58355931@www.sltrib.com Sun, 31 Aug 2014 01:01:04 MDT Japan economy stalls as incomes, spending languish http://www.sltrib.com/sltrib/money/58351964-79/percent-japan-economy-spending.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58351964-79/percent-japan-economy-spending.html.csp">Japan economy stalls as incomes, spending languish</a></h4> <span class="author vcard"><span class="fn">By ELAINE KURTENBACH</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-29T12:07:02.184-06:00">Updated Aug 29, 2014 12:07PM MDT</span></h5> <div class ="entry-content">Tokyo • Japan’s vital signs remained weak in July as wages fell further and household spending dropped, signaling continued weakness in the world’s third-largest economy. Data released Friday showed the inflation rate was unchanged from the previous month. The core price consumer index that excludes volatile fresh food prices rose 3.3 percent in July, the same as a month earlier. Much of the increase stems from a 2 percentage point increase in Japan’s sales tax in April, which has since sapped m...</div> <h5><a rel="item-license" href="#license-583519642014-08-29T12:07:02.184-06:00" id="#license-2014-08-29T12:07:02.184-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58351964@www.sltrib.com Fri, 29 Aug 2014 12:07:02 MDT U.S. economy grew 4.2 percent in second quarter http://www.sltrib.com/sltrib/money/58347055-79/growth-percent-quarter-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58347055-79/growth-percent-quarter-economy.html.csp">U.S. economy grew 4.2 percent in second quarter</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-28T17:06:05.496-06:00">Updated Aug 28, 2014 05:06PM MDT</span></h5> <div class ="entry-content">Washington • After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated. The upward revision supported expectations that the second half of 2014 will prove far stronger than the first half. The Commerce Department’s second estimate of growth for last quarter followed its initial estimate of 4 percent. The upward revision reflected stronger business investment tha...</div> <h5><a rel="item-license" href="#license-583470552014-08-28T17:06:05.496-06:00" id="#license-2014-08-28T17:06:05.496-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58347055@www.sltrib.com Thu, 28 Aug 2014 17:06:05 MDT Retail sales across the country were flat during July http://www.sltrib.com/sltrib/money/58292347-79/sales-july-percent-retail.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58292347-79/sales-july-percent-retail.html.csp">Retail sales across the country were flat during July</a></h4> <span class="author vcard"><span class="fn">By JOSH BOAK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-13T09:43:02.233-06:00">Updated Aug 13, 2014 09:43AM MDT</span></h5> <div class ="entry-content">Washington • U.S. retail sales were essentially flat in July, providing evidence that consumers have yet to shed their doubts about the economy despite recent job gains. The Commerce Department said Wednesday that seasonally adjusted retail sales were unchanged in July compared with the prior month. Total sales rose a statistically insignificant $161 million from $439.6 billion in June. Spending dipped at auto dealers and department stores last month. The losses were offset by gains at grocery s...</div> <h5><a rel="item-license" href="#license-582923472014-08-13T09:43:02.233-06:00" id="#license-2014-08-13T09:43:02.233-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58292347@www.sltrib.com Wed, 13 Aug 2014 09:43:02 MDT Oil boom and housing bust alter U.S. spending trends http://www.sltrib.com/sltrib/money/58272699-79/spending-percent-dakota-housing.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58272699-79/spending-percent-dakota-housing.html.csp">Oil boom and housing bust alter U.S. spending trends</a></h4> <span class="author vcard"><span class="fn">By CHRISTOPHER S. RUGABER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-07T14:35:01.767-06:00">Updated Aug 7, 2014 02:35PM MDT</span></h5> <div class ="entry-content">Washington • North Dakotans, enriched by an oil boom, stepped up their spending at triple the national pace in the three years that followed the Great Recession. In Nevada, smacked hard by the housing bust, consumers barely increased their spending. Americans spend the most, per person, on housing in Washington, D.C., and the least in West Virginia. Those and other figures emerged Thursday from a new annual report from the government that for the first time reveals consumer spending on a state-b...</div> <h5><a rel="item-license" href="#license-582726992014-08-07T14:35:01.767-06:00" id="#license-2014-08-07T14:35:01.767-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58272699@www.sltrib.com Thu, 07 Aug 2014 14:35:01 MDT Oil boom and housing bust alter U.S. spending trends http://www.sltrib.com/sltrib/money/58272026-79/spending-percent-housing-recession.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58272026-79/spending-percent-housing-recession.html.csp">Oil boom and housing bust alter U.S. spending trends</a></h4> <span class="author vcard"><span class="fn">By CHRISTOPHER S. RUGABER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-07T15:55:29.568-06:00">Updated Aug 7, 2014 03:55PM MDT</span></h5> <div class ="entry-content">Consumer spending has soared since the Great Recession ended five years ago in U.S. states with oil and gas drilling booms and has lagged in states hit especially hard by the housing bust. The figures come from a new annual report the government issued Thursday that for the first time reveals consumer spending on a state-by-state basis. The numbers point to substantial shifts in the economy since the recession ended. Spending jumped 28 percent in North Dakota, the largest gain nationwide, from 2...</div> <h5><a rel="item-license" href="#license-582720262014-08-07T15:55:29.568-06:00" id="#license-2014-08-07T15:55:29.568-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58272026@www.sltrib.com Thu, 07 Aug 2014 15:55:29 MDT Is Utah still last in per-pupil spending? http://www.sltrib.com/sltrib/news/58250849-78/per-spending-pupil-utah.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58250849-78/per-spending-pupil-utah.html.csp">Is Utah still last in per-pupil spending?</a></h4> <span class="author vcard"><span class="fn">By lisa schencker</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-08-03T09:19:02.752-06:00">Updated Aug 3, 2014 09:19AM MDT</span></h5> <div class ="entry-content">In recent weeks, some politicians have claimed that Utah has finally done it — moved out of last place in per-pupil spending. “In case you didn’t hear, UT [Utah] no longer has the lowest per-pupil total spending for public ed,” state Auditor John Dougall proclaimed on his Facebook page. Then, in late July, Sen. Howard Stephenson, R-Draper, announced to legislative leadership at a public Education Task Force meeting, “Idaho now holds the once-coveted position that we held for so long that none of...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58250849@www.sltrib.com Sun, 03 Aug 2014 09:19:02 MDT U.S.consumer spending up 0.4 percent in June http://www.sltrib.com/sltrib/money/58250387-79/percent-spending-rate-june.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58250387-79/percent-spending-rate-june.html.csp">U.S.consumer spending up 0.4 percent in June</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-01T10:56:03.741-06:00">Updated Aug 1, 2014 10:56AM MDT</span></h5> <div class ="entry-content">Washington • U.S. consumer spending rose at the fastest pace in three months in June, providing momentum for the economy going into the second half of the year. Consumer spending increased 0.4 percent in June on a seasonally adjusted basis following slower increases of 0.3 percent in May and 0.1 percent in April, the Commerce Department said Friday. That was the best showing since a 0.8 percent surge in spending in March, which reflected a rebound after a harsh winter had kept consumers from the...</div> <h5><a rel="item-license" href="#license-582503872014-08-01T10:56:03.741-06:00" id="#license-2014-08-01T10:56:03.741-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58250387@www.sltrib.com Fri, 01 Aug 2014 10:56:03 MDT Construction spending falls 1.8 percent in June http://www.sltrib.com/sltrib/money/58250313-79/percent-construction-spending-government.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58250313-79/percent-construction-spending-government.html.csp">Construction spending falls 1.8 percent in June</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-01T08:50:27.161-06:00">Updated Aug 1, 2014 08:50AM MDT</span></h5> <div class ="entry-content">Washington • U.S. construction spending fell in June by the largest amount in more than three years as housing, non-residential construction and government spending all weakened. Construction spending dropped 1.8 percent in June on a seasonally adjusted basis after rising by a revised 0.8 percent in May, the Commerce Department reported Friday. It was the biggest setback since a 2.8 percent fall in January 2011. The weakness was widespread with spending on housing down for a second straight mont...</div> <h5><a rel="item-license" href="#license-582503132014-08-01T08:50:27.161-06:00" id="#license-2014-08-01T08:50:27.161-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58250313@www.sltrib.com Fri, 01 Aug 2014 08:50:27 MDT Drop in consumer spending lowers Japan’s output http://www.sltrib.com/sltrib/money/58241649-79/percent-output-sales-spending.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58241649-79/percent-output-sales-spending.html.csp">Drop in consumer spending lowers Japan’s output</a></h4> <span class="author vcard"><span class="fn">By Keiko Ujikane</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-07-30T11:30:01.815-06:00">Updated Jul 30, 2014 11:30AM MDT</span></h5> <div class ="entry-content">Tokyo • Japanese industrial output fell the most since the March 2011 earthquake, highlighting the widening impact of April’s sales-tax increase. Industrial output dropped 3.3 percent in June from May, the trade ministry said Tuesday in Tokyo, more than twice the median forecast for a 1.2 percent contraction in a Bloomberg News survey of 31 economists. The manufacturing sector has cut back in response to a slump in consumer spending and a failure of exports to pick up even after an 18 percent dr...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58241649@www.sltrib.com Wed, 30 Jul 2014 11:30:01 MDT