Tuesday, 02 January 2024 12:17 GMT

US consumer spending up in Feb


(MENAFN) Spending in the US increased in February as income rose slightly more than expected, Xinhua reported



The US Commerce Department said that personal consumption expenditures (PCE) rose 0.3 percent in February



Personal income also increased 0.3 percent in the month, matching January's growth pace



Savings rate went up 4.3 percent last month from 4.2 percent in the month before it


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.



More Story