Consumer Spending January 2024

Consumer Spending January 2024. Consumer spending continued to grow at a firm pace of 0.7% in december, two tenths above consensus expectations. New york—the federal reserve bank of new york’s center for microeconomic data today released the january 2024 survey of consumer expectations, which shows.

Consumer spending, or personal consumption expenditures (pce), is the value of the goods and services purchased by, or on the behalf of, u.s. Household final consumption expenditure (hhfce) for the uk, as a measure of growth.