Here are the five things we learned from U.S. economic data released during the week ending October 29.
A Bit Slower: October 25 – 29
Consumer Spending and Prices Rose in August: September 27 to October 1
Inflation did not take a late summer vacation.
Increasing Spending on Services, Decreasing for Goods: August 23 – 27
Consumer spending shifted towards services as overall economic activity gathered speed in July.
What We Learned About the U.S. Economy Last Week 