Fed Finds Consumer Spending Holding as Confidence Slips

Overview

Consumers have kept the economy moving without a boost in confidence about where it is headed. The Federal Reserve’s October Beige Book, released Wednesday (Oct. 14), found economic activity increased in nine of its 12 districts, but consumer spending showed less momentum, depending on where one looks. Most districts reported little or no change in […] The post Fed Finds Consumer Spending Holding as Confidence Slips appeared first on PYMNTS.com.

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