November’s Weak Spending & Income Report Clouds Outlook
December 23, 2011 at 10:27 AM EST
Disposable personal income (DPI) fell slightly last month while personal consumption spending for November rose by a mere 0.1%, the Bureau of Economic Analysis reports. It’s a disappointing report overall and one that adds up to the softest month for spending and income since August. DPI dropped by a scant 0.04%, but it was the [...]