{"id":42131,"date":"2021-02-26T19:03:49","date_gmt":"2021-02-26T15:03:49","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=42131"},"modified":"2021-02-26T19:03:50","modified_gmt":"2021-02-26T15:03:50","slug":"u-s-consumer-spending-and-personal-income-rise-in-january","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-consumer-spending-and-personal-income-rise-in-january\/02\/26\/market-updates\/","title":{"rendered":"U.S. Consumer Spending and Personal Income Rise in January"},"content":{"rendered":"\n<p>Consumer spending in the United States increased sharply last month, amid increased government stimulus spending and a decrease in the number of new Coronavirus cases.<\/p>\n\n\n\n<p>U.S. consumer spending rose by 2.4% in January, following a 0.4% decline in December, data by the U.S. Department of Commerce showed on Friday.<\/p>\n\n\n\n<p>The reading signals an improvement that could speed up economic recovery in the U.S. during the first quarter of the year, as consumer spending accounts for more than two-thirds of economic activity in the U.S.<\/p>\n\n\n\n<p>In addition, data showed that personal income leveled up by 10% in January 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer spending in the United States increased sharply last month, amid increased government stimulus spending and a decrease in the number of new Coronavirus cases. U.S. consumer spending rose by 2.4% in January, following a 0.4% decline in December, data by the U.S. Department of Commerce showed on Friday. The reading signals an improvement that &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7172,6858],"class_list":["post-42131","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-consumer-spending","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42131"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42131\/revisions"}],"predecessor-version":[{"id":42132,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42131\/revisions\/42132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32048"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}