Personal consumption spending in the 2nd quarter increased at an almost 4.4% annual rate while broader GDP growth barely cleared the 1% hurdle. GDP is the blue bars in the chart and personal consumption spending is the gold line.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- How to Win in Retail? Unique Products - March 22, 2018
- World’s Largest Fund Manager Bets Big on Algorithms - March 21, 2018
- UPS: The Beginning of the End of the Internal Combustion Engine - March 20, 2018