Investing.com - U.S. personal spending fell more-than-expected last month, official data showed on Monday.
In a report, Bureau of Economic Analysis said that U.S. personal spending fell to a seasonally adjusted -0.3%, from 0.5% in the prior month whose figure was revised down from 0.6%.
Analysts had expected U.S. personal spending to fall -0.2% last month.
In a report, Bureau of Economic Analysis said that U.S. personal spending fell to a seasonally adjusted -0.3%, from 0.5% in the prior month whose figure was revised down from 0.6%.
Analysts had expected U.S. personal spending to fall -0.2% last month.