USD Personal Spending (M/M)

Actual
-13.6%
Previous
-6.9%
Forecast
-12.6%

Personal spending, released by Bureau of Economic Analysis, Department of Commerce, measures purchases of goods and services by households and by nonprofit institutions; it represent expenses that are considered mostly of a personal nature. In order to reduce unnecessary expenses,and to save money for more crucial expenses, individuals will often start with cutting certain personal spending habits.

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