Written by Personal spending jumped by a larger amount than expected in January but Americans’ incomes barely budged. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile economic recovery. READ MORE »
Personal spending jumped by a larger amount than expected in January but Americans’ incomes barely budged. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile economic recovery. READ MORE »