Real personal consumption grew 0.7 percent in November, a strong month-over-month increase from October’s 0.2 percent. Durable goods led the growth, rising 2.3 percent from October’s revised 0.4 percent. Nondurable goods also rebounded in November with month-over-montgrowth of 1.0 percent from 0.1 percent in October. Real PCE growth, year over year, was 2.8 percent.
