U.S. | Consumption Down, Savings Up in January 2015
Published on Monday, March 2, 2015 | Updated on Monday, March 2, 2015
U.S. | Consumption Down, Savings Up in January 2015
Summary
Personal income increased 0.3%, while personal expenditures decreased 0.2%. The personal savings rate hit its highest level in two years, at 5.5%. Decline in oil and gas prices lowered inflation but boosted real wages
Geographies
- Geography Tags
- Global
Topics
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- Macroeconomic Analysis
Authors
Amanda Augustine