e Consumer Spending report for Sept 2022 was released today.

The Consumer Spending report for Sept 2022 was released today. It found overall consumer prices increased 6.2% in Sept 2022 from Sept 2021. Thats a near 40 year high. But despite those increases, consumer spending did not decrease. It actually INCREASED 0.6%. It also increased by 0.6% in August. It decreased 0.2% in July.