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Consumer Spending Growth Moderated in February and Core Inflation Eased
Wall Street Journal, Mar. 31, 2023–Gwynn Guilford (subscription)
Consumer spending increased a seasonally adjusted 0.2% in February, from January’s revised 2% increase, which was the largest one-month gain in nearly two years, the Commerce Department said Friday. When adjusted for rising prices, spending fell 0.1% in February from the prior month, after rising a revised 1.5% in January.
https://www.wsj.com/articles/consumer-spending-personal-income-inflation-february-2023-526279fe?mod=lead_feature_below_a_pos1