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New data Personal Spending MoM (Sep)

10/31/2024

actual 0.5, previous 0.2

The event is the "Personal Spending MoM (Month-over-Month) for September" in the United States. It is a high-impact economic indicator.

- **Actual**: The actual value reported for the month is 0.5%.
- **Forecast**: The market consensus or estimate was 0.4%.
- **Previous**: The previous month's value was 0.2%.
- **Change**: The difference between the actual and previous values is 0.3%.
- **Change Percentage**: The percentage change between the actual and previous values is 150%.

This event provides insights into the spending behavior of consumers in the US, which is a crucial component of the overall economic activity. A higher-than-expected personal spending figure can indicate a strong economy, as it suggests that consumers are confident and spending more. Conversely, a lower-than-expected figure may signal a weaker economy.

This is not investment advice. Remember to verify the information provided here.

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Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link