- Actual: 0.5% month over month
- Forecast: 0.6%
- Previous: 0.9%
- US consumer spending rose 0.5% month over month in September, missing the 0.6% forecast and slowing from 0.9% in the prior month. The data was released alongside PCE price figures.
US consumer spending rose 0.5% month over month in September, below the 0.6% forecast and down from 0.9% in August. The slowdown signals cooling household demand and may factor into Fed rate decisions.
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