Consumer Spending Slid Again in December.

jboldeniv

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Consumer Spending Slid Again in December.

01-28-2023, 11:22 AM

Consumer Spending Slid Again in December

https://www.msn.com

Consumer spending dropped in December for the second month in a row, as consumers retrenched after a bumpy year colored by a strong job market but also rapid inflation that eroded savings and posed a financial challenge for many Americans. Personal spending fell by 0.2 percent in December, the Commerce Department said Friday. After adjusting for inflation, spending fell 0.3 percent. Spending for November, which the government initially reported...
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jasondreamweaver

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01-29-2023, 08:20 PM

That's not good. December is supposed to be the highest month for consumers
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jboldeniv

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01-29-2023, 10:19 PM

Originally posted by jasondreamweaver View Post

That's not good. December is supposed to be the highest month for consumers

Yep.
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