US consumer spending up modestly in February as incomes rose

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 increase in spending followed an equal gain in January and a rise of 0.4 percent in December. Incomes increased a healthy 0.4 percent. A closely watched signpost, consumer-spending accounts for ...

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US consumer spending up modestly in February as incomes rose

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