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US Personal Consumer Expenditure Flat in December

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Nominal PCE held steady in December 2015. That was slightly weaker than the 0.1% increase expected by markets but followed an upwardly revised 0.5% (previously reported as 0.3%) gain in November. Nominal spending on durables and non-durable goods both declined by 0.9% in December with the former largely reflecting a[​IMG]

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