Monday, January 30, 2017

US consumer spending up 0.5 percent in December

Image result for US consumer spendingConsumers boosted spending in December at the fastest pace in three months, giving the economy some momentum going into 2017.

Consumer spending advanced 0.5 percent in December, a major improvement over the modest 0.2 percent gain in November, the Commerce Department reported Monday. It was the best showing since spending jumped 0.7 percent in September.. . . more

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