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U.S. Consumer Spending Grows, Despite a Slowdown in Income in September

U.S. Consumer Spending Grows, Despite a Slowdown in Income in September
Personal income grew 0.3% month-on-month (m/m) in September, a deceleration from August’s 0.4% and just below market expectations for 0.4% growth. Accounting for inflation and taxes, real personal disposable income fell -0.1% m/m, following a similar decline in the previous month. Personal consumption expenditures rose 0.7% m/m, accelerating from the 0.4% posted in August. September’s […] The post U.S. Consumer Spending Grows, Despite a Slowdown in Income in September appeared first on Action F... Read More
Posted: Oct 27 2023, 14:20
Author Name: actionforex
Views: 110960

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