Consumer spending in the United States fell sharply in September

Consumer spending in the U.S. fell sharply in September in connection with the expiration of the program “cash-for-clunkers”, which was developed by the U.S. government to stimulate car sales.
Real consumer spending to inflation fell in September to 0.6% after rising 1% in August.
Real disposable incomes fell by 0,1%. This figure continues to decline for the fourth consecutive month.
Economists expect a decrease in nominal consumer spending at 0.4% and decrease in consumer income by 0,1%.