US Consumer Spending Barely Rises in January
A wave of US economic data came out Friday morning. Consumer spending barely moved upward, the US economy expanded at a 0.7% annualized rate in the fourth quarter and the...
By Bloomberg Markets · Bloomberg Markets
A wave of US economic data came out Friday morning. Consumer spending barely moved upward, the US economy expanded at a 0.7% annualized rate in the fourth quarter and the so-called core PCE index rose 0.4% from December. Michael McKee has a first look. (Source: Bloomberg)