Data Says Consumer Spending Pulled Back, Which Is Bad Economic News
By: FILE – Customers wait in line for eggs at a Costco store in the Van Nuys section of Los Angeles on … [+] Wednesday, Feb. 19, 2025. (AP Photo/Richard Vogel, File)Copyright 2025 The Associated Press. All rights reserved.The Personal Income and Outlay data — the Federal Reserve’s preferred measure of consumer spending and inflation…