The Numbers
US Consumers: Dissaving Before The Shock
The February Personal Income and Outlays report was slightly weaker than expected, while inflation was roughly in line with estimates. Nominal spending rose 0.5% m/m, but the increase was driven by a declining saving rate, which fell from 4.5% to 4.0%, as…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Stay on top of market events and BCA's latest ideas, with high value, timely insights delivered to your inbox daily.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.