Three reasons to be optimistic about US household spending

Strong data out of the US clearly shows that the economy's momentum has continued despite the Federal Reserve ending its asset purchasing program.

The US economy continues to show signs of strength, with household spending improving over the past few months. There are a number of reasons to be optimistic about the outlook for US consumption, with wage growth expected to pick up, a stronger dollar and lower oil prices improving the purchasing power of US incomes.


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