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Reports and Announcements – Spending up, New Car Sales Down and More

Regional BusinessPersonal spending, a measure of how much Americans paid for everything from health care to home appliances, advanced 0.4% in August from a month earlier.

The average vehicle in the US is now a record 11.5 years old, according to HIS Automotive, a sign of the increased reliability of today’s vehicles and the lingering impact of the sharp drop in new car sales during the recession.

U.S. exports are on track to decline this year for the first time since the financial crisis, undermining a national push to boost shipments abroad.

Much more is highlighted in Reports and Announcements

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