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Dec
24
2008
The American households consume less and less

The dpenses of consumption of the mnages amricains have retreat of 0,6% instead of the 0,8% annoncs. It is nanmois the 5th conscutif month which the mnages consume less, which does not conceal arriv since 1959 from the United States. The dpenses of consumption of the mnages amricains have baiss in November for the cinquime conscutif month, which is not arriv since 1959, moving back of 0,6% per October report/ratio, according to the official figures corrigs of the variations saisonnires publis Wednesday. The fall is nanmoins infrieure with the prvisions of the analysts, who counted on a drop of the consumption of 0,8%. The incomes of the mnages have retreat for their part for the premire time since July, cdant 0,2% in November, according to these give dpartement Trade. The analysts awaited a stabilit incomes compared to the month prcdent. By rduisant their consumption more than did not decrease their income, the hearths were careful face the crisis, prfrant to put money the shelter in prvision of more dark days, as in tmoigne the strong increase in their rate of pargne which is not 2,8% of their income available (against 2,4% in October), that is to say its more high level since May 2008. The price index lily to the dpenses of consumption of mnages (PCE), which is used gnralement as rfrence the policy montaire of Rserve fdrale, has retreat in October of 1,1% compared to the month prcdent, aprs to have retreat of October 0,5%. Except food and nergie, the index has T quasi stable in November and in October, the minister indicates.

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