US consumption may start to pick up

Low energy costs have not translated into a spending boost, to the consternation of the Federal Reserve

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In this article

  • Energy expenditures
  • Where the savings are going
  • Where extra spending is happening
  • Automobiles
  • Restaurants
  • Tech goods
  • Outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.