Investing.com - U.S. personal spending rose more-than-expected last month, official data showed on Friday.
In a report, the Bureau of Economic Analysis said that personal spending rose to a seasonally adjusted 0.7%, from 0.4% in the preceding month whose figure was revised up from 0.2%.
Analysts had expected personal spending to rise 0.6% last month.
In a report, the Bureau of Economic Analysis said that personal spending rose to a seasonally adjusted 0.7%, from 0.4% in the preceding month whose figure was revised up from 0.2%.
Analysts had expected personal spending to rise 0.6% last month.