美国9月消费支出几无增长 核心PCE通胀率符合预期

Core Insights - U.S. consumer spending stagnated in September, indicating that Americans began to control their expenditures in the face of persistent inflation before the government shutdown [1][3] - The report, originally scheduled for release on October 31, was delayed due to the government shutdown [3] Consumer Spending Data - Adjusted for inflation, consumer spending in September showed almost no change, with the August increase revised down to 0.2% [1][3] - The core Personal Consumption Expenditures (PCE) price index, excluding food and energy, rose by 0.2% from August, with a year-over-year increase of 2.8% [4] Economic Context - The slowdown in consumer spending suggests that the primary growth engine of the U.S. economy was decelerating before the longest government shutdown began on October 1 [2][5] - Recent data indicates strong performance in Black Friday sales, but consumer concerns about the job market are rising, with spending primarily driven by wealthier households [2][5] - A separate report showed that consumer confidence from the University of Michigan rose for the first time in five months in early December, indicating improved optimism regarding personal financial prospects as inflation expectations improve [2][5]