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Personal income, spending up for American consumers

Consumers had a strong February -- spending jumped 0.7 percent and personal income rose 1.1 percent.

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Consumers had a strong February -- spending jumped 0.7 percent and personal income rose 1.1 percent.

Julia Coronado, chief economist with the investment bank BNP Paribas, joins Marketplace Morning Report host Jeremy Hobson to discuss the numbers and how efforts to rebuild after Hurricane Sandy are buoying the economy.

About the author

Julia Coronado is chief economist at BNP Paribas.