Tag Archives: US personal consumption growth

Macroview Latest data suggest spending growth could top 3% this quarter and remain buoyant for rest of the year Read full report here As widely expected, US consumer spending data for April were quite strong. The data, released on 31 May, showed that real personal consumption rose by a strong 0.6% month-on-month, slightly above consensus estimates (+0.5%). Data on April retail sales, car sales and output of utilities already published had been quite upbeat, suggesting a solid reading...

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