US consumer spending surges 0.9% in March

US consumer spending surges 0.9% in March

US consumer spending increased by the most in more than 9-1/2 years in March, but price pressures remained muted. Consumer spending, which accounts for more than two-thirds of US economic activity, surged 0.9 per cent as households stepped up purchases of motor vehicles and spent more on healthcare. Consumer spending edged up 0.1 per cent in February.

Timothy
Timothy
Blaeingr
Blaeingr 1 year

How is .9% any kind of "surge"? Especially since it is in the margin of error.

Got Truth
Got Truth 1 year

Surge=teeny tiny blip.

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