Consumers Expect Slower Growth in Spending

The July 2015 Survey of Consumer Expectationsresults suggest relatively stable expectations about the economy. The median one-year and three-year-ahead expected rates of inflation remained unchanged at 3.0 percent. While earnings and household income growth expectations were largely unchanged, median household spending growth expectations retreated substantially to their lowest level since the inception of the survey in […] …read more

From:: Finance and Economy