Friday, October 31, 2014

US Personal Spending Edged Down 0.2% in September

PCE edged downward by 0.2% in September 2014, thereby disappointing market expectations for a 0.1% increase following unrevised readings of 0.5% and flat in August and July, respectively. The decline was largely due to a 2.0% drop in durables spending, which almost fully retraced a 2.1% gain in August, both



Continue Read...

0 comments:

Post a Comment

Site Search