U.S. consumer spending solid in October; weekly jobless claims fall

Capt. John

U.S. consumer spending increased solidly in October, while inflation moderated, giving the economy a powerful boost at the start of the fourth quarter as it navigates a high interest rate environment. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.8%...

https://www.hellenicshippingnews.com/u-s-consumer-spending-solid-in-october-weekly-jobless-claims-fall/

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