Investing.com - U.S. personal spending fell unexpectedly last month, official data showed on Friday.
In a report, Bureau of Economic Analysis said that U.S. personal spending fell to a seasonally adjusted -0.1%, from 1.0% in the prior month whose figure was revised up from 0.9%.
Analysts had expected U.S. personal spending to rise 0.2% last month.
In a report, Bureau of Economic Analysis said that U.S. personal spending fell to a seasonally adjusted -0.1%, from 1.0% in the prior month whose figure was revised up from 0.9%.
Analysts had expected U.S. personal spending to rise 0.2% last month.