Personal income jumped by 0.9 percent in January, while personal consumption expenditures fell by 0.2 percent. Click to read.
Should investors be concerned that weaker spending numbers for January presage a significant slowdown in the economy?
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Motio Research's initial estimate of U.S. median household income in January 2025 is $82,373. This figure is $164 (0.2%) ...
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
House Bill 4170 was advanced by the House Finance Committee on a 9-3 vote, with three Democrats voting no and two abstaining.
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Friday's data is unlikely to change the Fed's current plan of action, given where the inflation data remains. Personal income rose 0.9 percent in January from a month earlier, the Commerce Department ...