Wall Street Journal Data Expected to Confirm Deflation Trend Wednesday's consumer-spending report will do little to ease deflation worries. Economists expect the Bureau of Economic Analysis to report that spending, which drives more than 70% of the U.S. economy, fell 1.2% in October from September... If so, it would mark the fourth decline in real spending in the past five months. The first two setbacks, in June and July, were partly caused by food and energy inflation. But real... read more
