JOHN CARNEY
Breitbart
U.S. consumer spending fell more than expected in February as parts of the country were paralyzed by the cold and the prior month’s stimulus boost faded.
Personal consumption expenditures fell one percent, a deeper drop than the 0.7 percent forecast by economists. That followed an upwardly 3.4 percent gain in January when households received stimulus checks authorized at the end of 2020.
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In this article:economists, personal consumption expenditures, personal incomes and spending, prersonal incomes and spending fell in February, stimulus checks, U.S. personal spending
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