KTAR News – Today’s Dip in GDP Doesn’t Necessarily Point to an Imminent Recession
Jim Rounds says today’s dip in GDP doesn’t necessarily point to an imminent recession, but there could be one coming in the coming years.
DATA: Consumer spending accelerates in January
Consumer spending is rising and has sped up a little since last month. The Federal Bureau of Economic Analysis tracks total spending in the U.S. through personal consumption expenditure data. In January, spending hit $14.3 trillion — a 1.1% increase since December,...
