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US Consumer Spending Stalls, GDP Takes a Hit

Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee reports on consumer spending and US GDP growth.… Grouped from 2 articles across 1 sources.

2 reports1 sourceMar 13, 2026, 2:36 PM
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BloombergMar 13, 2026, 2:36 PM

US Consumer Spending Stalls, GDP Takes a Hit

Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee reports on consumer spending and US GDP growth. (Source: Bloomberg)

BloombergMar 13, 2026, 1:12 PM

US Consumer Spending Barely Rises in January

A wave of US economic data came out Friday morning. Consumer spending barely moved upward, the US economy expanded at a 0.7% annualized rate in the fourth quarter and the so-called core PCE index rose 0.4% from December. Michael McKee has a first look. (Source: Bloomberg)

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