• Consumer spending rebounds despite rising October inflation

    8 days ago - By Stl Today

    WASHINGTON - U.S. consumer spending rebounded by a solid 1.3% in October despite inflation that over the past year has accelerated faster than it has at any point in more than three decades.
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  • Consumer spending rebounds in October, inflation elevated

    Consumer spending rebounds in October, inflation elevated

    8 days ago - By Stl Today

    WASHINGTON - U.S. consumer spending rebounded in October, rising by a solid 1.3%, but inflation remains elevated, rising over the past year at the fastest pace in more than three decades.
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  • Personal Income increased 0.5% in October; Spending increased 1.3%

    Personal Income increased 0.5% in October; Spending increased 1.3%

    8 days ago - By Calculated Risk

    The BEA released the Personal Income and Outlays, October 2021 report:
    Personal income increased $93.4 billion in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income increased $63.0 billion and personal consumption expenditures increased $214.3 billion .
    Real DPI decreased 0.3 percent in October and Real PCE increased 0.7 percent; goods increased 1.0 percent and services increased 0.5 percent. The PCE price index increased 0.6 percent. Excluding food and energy, the PCE price index increased 0.4 percent.
    emphasis added The October...
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  • Consumer spending rebounds a solid 1.3% in October but inflation remained high

    Consumer spending rebounds a solid 1.3% in October but inflation remained high

    8 days ago - By Stl Today

    WASHINGTON - Consumer spending rebounds a solid 1.3% in October but inflation remained high.
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  • Consumer spending rebounds in October, inflation elevated

    8 days ago - By Chron

    WASHINGTON - U.S. consumer spending rebounded in October, rising by a a solid 1.3%, but inflation remains elevated, rising over the past year at the fastest pace in more than three decades.
    The jump in consumer spending last month was double the 0.6% gain in September, the Commerce Department reported Wednesday.
    At the same time, consumer prices rose 5% compared with the same period last year, the fastest 12-month gain since the same stretch ending in November 1990. The surge in prices this year contributed to the 1.6% rise in spending in November, yet adjusting for inflation, spending was...
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