Consumer Spending Surges 2.8% in 2024 Amid Wage Growth

In 2024, consumer spending increased by 2.8%, fueled by wage growth surpassing inflation and record-breaking household wealth levels. Discover more about the factors driving this trend.

A dynamic image showcasing bustling shopping scenes, symbolizing increased consumer spending. Vibran
Consumer Spending Surges 2.8% in 2024 Amid Wage Growth

Consumer spending advanced by 2.8% in 2024, driven by wage growth outpacing inflation and household wealth reaching new records.

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