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US Consumer Spending Held Back by Higher Savings

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US nominal PCE rose by 0.1% in March 2016 following upwardly revised gains of 0.2% in each of the prior two months. Excluding the effect of prices, real PCE was flat in March. An upward revision to February PCE helped account for the stronger than expected increase in first-quarter 2016[​IMG]

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