Consumer spending up inflation-adjusted 0.3 percent

By: Josh Boak Associated Press October 29, 2018

U.S. consumer spending rose in September by a solid, inflation-adjusted 0.3 percent, led by increased spending on health care services and motor vehicles. The Commerce Department also said Monday that the Federal Reserve's preferred measure of inflation returned to the central bank's 2 annual percent target after having been slightly elevated in prior months. In addition, ...

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Consumer spending up inflation-adjusted 0.3 percent

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