Utilities took a bigger bite out of consumer spending in January
marketplace.org/2025/02/28/utilities-took-a-bigger-bite-out-of-consumer-spending-in-januaryU.S. consumer spending slid on everything from cars to clothing in January, which makes sense after the holidays. But one category went up 29%, according to the Department of Commerce. That’s housing and utilities, which has been a pain point for lower-income consumers in…
This story appeared on marketplace.org, 2025-02-28 22:02:28.