Estados Unidos Gasto Personal

Personal spending in the United States rose by 0.5% from the previous month to an annualized rate of $20.024 trillion in September of 2024, accelerating from the upwardly revised 0.3% increase in the previous month, and ahead of market expectations of a 0.4% increase. The result extended the period of resilience of the US consumer to higher interest rates, adding leeway for the Federal Reserve to hold rates at a restrictive level to combat inflation. The rise was owed to higher spending in goods (0.5% vs -0.2% in August), amid increases for durable goods (0.8% vs -0.4%) and non-durable goods (0.4%), consistent with the jump in spending of services (0.5% vs 0.5%).