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13.02 - 19:54
Consumer Spending, Inflation Data Due in Commerce Department Report
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A report Friday will give details on the economic health of U.S. consumers at the end of a year, when they faced elevated inflation and rising interest rates.
The Commerce Department will release December spending, income and inflation figures at 8:30 a.m. ET. The report will offer a picture of the closing month of 2022 as the holiday season wrapped up, including spending on travel, medical care and other services.
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