Household Spending y/y

MeasuresChange in the inflation-adjusted value of all expenditures by consumers;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, about 35 days after the month ends;
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Why Traders
Consumer spending accounts for a majority of overall economic activity. It's one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy;