Incomes plunged in July as spending slowed

A Drop Off in Consumer Spending in October
Personal incomes rose in October, but orders to factories fell the most in two years. Jobless claims also declined.

Stocks & Bonds: Shares Fall on Slow Consumer Spending
Wall Street tumbled on Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.

Stocks end lower on personal income data
Stocks have ended the day sharply lower after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.

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