Consumer spending and personal income rise in August

David Brancaccio Sep 27, 2013
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Consumer spending and personal income rise in August

David Brancaccio Sep 27, 2013
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U.S. households spent .3 percent more in August than they did in the previous month according to new figures out today. In more positive news, incomes rose .4 percent in August, the biggest month-to-month gain since February. Chris Low, chief economist at FTN Financial, calls this is a pleasant surprise.

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