Thursday, March 29, 2018

US consumer spending up modestly in February as incomes rose

FILE- In this Nov. 9, 2017, file photo, a man pushes a cart while shopping at a Walmart store in North Bergen, N.J. On Thursday, March 29, 2018, the Commerce Department issues its February report on consumer spending. (AP Photo/Julio Cortez, File)
            Americans increased their spending just 0.2 percent in February, while their incomes were boosted by increased wages and business owners' income.

The Commerce Department says the modest spending increase followed an equal gain in January and a rise of 0.4 percent in December. Incomes increased a healthy 0.4 percent.. . . more

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