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0.000216872695727719 0.000867490782910567 0.000216872695727719 0.00151810887009326 0.000650618087182848 -0.000650618087182694 0.000650618087182848 0.00412058121882465
Stock impact report

Consumer Spending Fell Again in December [The New York Times]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Economy|Consumer Spending Slid Again in Decemberhttps://www.nytimes.com//01/27/business/economy/consumer-spending-december.htmlThe U.S.Economy TodaymentContinue reading the main storySupported byFresh data offered more detail on how shoppers retrenched at the end of 2022.Consumer spending fell in both November and December, the Commerce Department said on Friday.Credit...Hiroko Masuike/The New York TimesByBen CasselmanJeanna SmialekJan. 27, Updated1:57 p.m. ETFor more than a year now, the U.S. economy has faced two fundamental, interwoven challenges: Consumers wouldn’t stop spending, and prices wouldn’t stop rising.Both trends are now showing early signs of reversing.Inflation is also easing: Consumer prices rose 5 percent in the year through December, according to the Federal Reserve’s preferred measure. While still much more rapid than normal, that was the slowest pace in more than a year.Taken together, the figures paint a picture of an economy that is, at long last, coming off the Show less Read more
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