Investing.com - U.S. personal spending rose less-than-expected last month, official data showed on Thursday.
In a report, Bureau of Economic Analysis said that U.S. personal spending rose to a seasonally adjusted 0.4%, from 0.2% in the prior month whose figure was revised up from 0.1%.
Analysts had expected U.S. personal spending to rise 0.5% last month.
In a report, Bureau of Economic Analysis said that U.S. personal spending rose to a seasonally adjusted 0.4%, from 0.2% in the prior month whose figure was revised up from 0.1%.
Analysts had expected U.S. personal spending to rise 0.5% last month.