ChainCatcher reported that the final reading for U.S. real personal consumption expenditures growth in the second quarter came in at 3.8%. The figure was above the expected 3.4% and also higher than the previous reading of 3.4%. The update points to a stronger final quarterly consumption growth reading than both the consensus forecast and the prior figure. No additional details were provided in the brief.
According to ChainCatcher, the final reading for U.S. second-quarter real personal consumption expenditures growth came in at 3.8%, above the expected 3.4% and the previous 3.4%.
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