WANT - Personal Income And Spending Both Surprisingly Continued To Increase In September Plus A Note On GDP
- Friday morning personal income and spending for September was reported.
- Both real income and spending increased, which is positive - and surprising.
- While real retail sales have exceeded their precession peak, the broader measure of real personal spending has still only recovered about 85% of its decline.
For further details see:
Personal Income And Spending Both Surprisingly Continued To Increase In September, Plus A Note On GDP