Consumer spending slows, price pressures ease

Consumer spending up less than expected in November. PCE price pressures continue to moderate, but are still far above the Fed's inflation target. Consumer sentiment picks up, amid slowing near-term inflation expectations. New home sales rise, as mortgage rates pull back. Durable goods orders decline, led by civilian aircraft.

Complete the form and a member of our team will send you a copy of this publication.

While you wait, explore additional NDR research and solutions.