“Consumer spending rose by 0.2% with strong spending on goods including recreational vehicles, clothing, footwear and furniture. Meanwhile, shoppers splurged at restaurants.”
“That spending was supported by rising disposal income, which rose 0.4% — even when accounting for inflation. It picked up from the 0.3% rise in October.”
by SuperBethesda
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“The personal saving rate — what’s leftover after disposable personal income is spent — rose a tick to 4.1%.”