US consumer spending down 0.2%

US consumer spending fell in September, the first decline since January, as shoppers took a breather after a big spending spree in August. Income growth posted the slowest gain this year.

THE Commerce Department said on Friday that consumer spending dropped 0.2 per cent in September. Income edged up 0.2 per cent for the month, the smallest monthly gain since a flat reading last December.

The spending decline followed a big 0.5 per cent increase in August. In September demand fell for durable goods such as cars and for non-durable goods, a drop that partially reflected falling prices for fuel.Spending is closely watched because it accounts for 70 per cent of economic activity. Economists believe September will be a temporary pause as continued hiring gains pushing up spending and the overall economy in coming months.

Anda sedang membaca artikel tentang

US consumer spending down 0.2%

Dengan url

http://petanidollarindo.blogspot.com/2014/10/us-consumer-spending-down-02.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

US consumer spending down 0.2%

namun jangan lupa untuk meletakkan link

US consumer spending down 0.2%

sebagai sumbernya