Investing.com - U.S. personal spending rose more-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 0.9%, from 0.5% in the prior month whose figure was revised up from 0.3%.
Analysts had expected U.S. personal spending to rise 0.6% last month.
In a report, Bureau of Economic Analysis said that U.S. personal spending rose to a seasonally adjusted 0.9%, from 0.5% in the prior month whose figure was revised up from 0.3%.
Analysts had expected U.S. personal spending to rise 0.6% last month.