Americans' Spending Slumps For Second Straight Month
Jan 29th 2021 8:37am EST
Americans’ Spending Slumps For Second Straight Month Americans’ personal spending dropped for the second month in a row in December, despite a modest (better than expected) rise in incomes on pandemic relief. Purchases decreased 0.2% from the prior month, following a downwardly revised 0.7% decline in November. Personal incomes rose 0.6%, stronger than the 0.1% gain projected. […]
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