USA: +0.4% household spending in November

(CercleFinance.com) - US consumer spending increased by $81.
3 billion (+0.4% month-on-month) in November.

Personal savings amounted to $968.1 billion, and the personal savings rate as a percentage of personal disposable income was 4.4% in November.

Meanwhile, US household income rose by $71.1 billion (0.3% month-on-month) in November, with personal disposable income (i.e. personal income less taxes) up by $61.1 billion (+0.3%).

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