Consumer spending posts biggest drop since 2009

Consumer spending posts biggest drop since 2009

Consumer spending sank 0.5 per cent in December, the largest drop since 2009. Adjusted for inflation, spending fell 0.6 per cent in December, after rising 0.5 per cent in November. Separately, personal income slipped 0.1 per cent in January, the first decline since November 2015, after jumping 1.0 per cent in December.

Simone
Simone
U WOT M8
U WOT M8 1 year

Oh no people being responsible and saving after the holidays. The media really is rooting for economic failure.

Miles O'Brien
Miles O'Brien 1 year

MAGA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

david dindu
david dindu 1 year

too busy working. no time to spend moneh

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