Personal income of American consumers in November grew 0.3%, spending up 0.6%



According to the report of the Bureau of economic analysis U.S. Department of Commerce, personal income of American consumers in November grew 0.3% compared to the previous month, after rising 0.4% a month earlier.

Analysts predicted the growth of consumer incomes in November by 0.4%.

Real disposable incomes were up 0.4%.

Personal spending of us consumers increased in November by 0.6% compared with the previous month, after expanding 0.2% in October (revised from +0.3%).

Analysts had expected a rise in consumer spending in November by 0.5%.

The savings rate was 2.9% compared to 3.2% a month earlier.




Personal income of American consumers in November grew 0.3%, spending up 0.6% 22.12.2017

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