Personal consumption expenditures (PCE), also known as consumer spending, is a measure of the spending on goods and services by people of the United States. According to the Bureau of Economic ...
A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
Personal income jumped by 0.9 percent in January, while personal consumption expenditures fell by 0.2 percent. Click to read.