#Latest news with #personalspendingBloomberg3 days agoBusinessBloombergUS Consumer Spending Growth Slows While Inflation Remains SoftBy Updated on Save US consumers hit the brakes in April after the strongest month of spending since early 2023 while inflation remained tame, consistent with a slowing economy. Inflation-adjusted personal spending rose 0.1% after rising 0.7% a month earlier, Bureau of Economic Analysis data showed Friday.
Bloomberg3 days agoBusinessBloombergUS Consumer Spending Growth Slows While Inflation Remains SoftBy Updated on Save US consumers hit the brakes in April after the strongest month of spending since early 2023 while inflation remained tame, consistent with a slowing economy. Inflation-adjusted personal spending rose 0.1% after rising 0.7% a month earlier, Bureau of Economic Analysis data showed Friday.
3 days ago
