Monday
Apr132015
Household Consumer Spending Rebounds in March
Monday, April 13, 2015 at 2:14PM The latest Survey of Consumer Expectations from the New York Fed stated that as of March consumers expect their spending will increase by 4.5% over the next year. This is a big change from February findings, when consumers thought spending would be just 3.8%. The February decline is attributed to the poor weather conditions.
Retail sales are expected to show a 1% increase in March, after declines in January and February.
Source: Business Insider
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