The Numbers
A Shift Back to Income-Led US Consumption?
The December US Personal Income and Outlays report sent mixed signals. Real consumption slowed to 0.1% m/m from 0.2% in November, in line with expectations, while real income excluding transfers fell 0.1%. Spending was supported by dissaving, with the saving…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Stay on top of market events and BCA's latest ideas, with high value, timely insights delivered to your inbox daily.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.