Economic Report: Personal Income/Spending
According to the Bureau of Economic Analysis and its monthly report on Personal Income and Outlays, in the last month, US consumers have become more proactive; saving alot, earning more, spending some, and wasting less. After adjusting for a 0.2% increase in prices, real consumer spending actually increased 0.4% for the month of January, the largest increase since November .. read more
On March 2nd, 2009,
posted in: Markets by Marcelo Perez Tags: personal income and outlays, personal savings rate, savings rate, spending
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