Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile economic recovery.
January spending increases but income growth slowsCourtesy Newsvine - business Mon, 03/01/2010 - 07:33
Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile economic recovery. Related itemsSpending rises, but income growth slows
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