Consumer spending dropped during the holiday season—just as the Fed hoped ...Middle East

Quartz - Economy
Consumer spending dropped during the holiday season—just as the Fed hoped
Consumer spending was down 0.2% in December compared to the previous month, according to data released by the US Department of Commerce on Jan. 27. That compares with a decline of 0.1% in November. US consumer spending is what drives future economic growth.Read more...

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