US Consumer Spending Up 0.4%

The US Commerce Department reported a 0.4 percent increase in consumer spending for the month of November while consumer incomes rose 0.3 percent. The latest results provide further evidence that the US economy is on the mend albeit at a slower pace than past recoveries.

Source: BBC News

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.