Personal Income, Consumer Spending Signal Weak Q1 Growth
PYMNTS
MARCH 3, 2019
Winograd added, “We shouldn’t expect any action from the Fed into at least the second half of the year.”. But government payments to farmers, as well as a VMware Inc special dividend, had bolstered incomes in December. And, as government spending and the $1.5 percent in January. Consumer spending, however, declined 0.5
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