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U.S. Personal Spending Rises 0.4% In May, Core PCE Prices Up 0.2%

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    According to the official data, the US consumer spending and core PCE prices advanced in line with economists' expectations in May. The Commerce Department release indicates that personal spending went up by a seasonally adjusted 0.4% during the last month, while April's data, in turn, was revised up to 1.1%[​IMG]

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