Consumer spending, which accounts for more than two-thirds of U.S. economic activity, matched the media forecast and increased by 0.3% in November. Meanwhile, personal income increased by 0.3%, slightly beating out the expected 0.2% gain.
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, matched the media forecast and increased by 0.3% in November. Meanwhile, personal income increased by 0.3%, slightly beating out the expected 0.2% gain.