Spending declines 10.2% in January  

By Yajush Gupta · 6 February 2024 · News

Spending declines 10.2% in January  

Consumer Spending Takes a Shocking Dive

A 10.2% decline in January has left experts scrambling for answers. What's behind this sudden shift in consumer behavior, and what does it mean for the economy?

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Summary

Consumer spending in January declined 10.2% from December, according to the latest Beforepay Cost of Living Index.