Personal incomes, consumer spending rise
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Personal incomes rose in January at the fastest clip in a year, bolstered by bonus payments to high-income executives and pay raises for federal workers. The extra income helped support a better-than-expected rise in consumer spending.
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The Commerce Department says personal spending was flat, while incomes surged four-tenths of one percent, marking the biggest increase in three months.
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US consumer spending is on the rise again, a sign the economy may be emerging from an early summer decline.
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Increased spending by consumers and business helps US economic growth rise at a higher-than-predicted rate in the July to September period.
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Consumer prices rose by a bigger-than-expected amount in January, reflecting big increases in the cost of food and health care, the government reported Wednesday.
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Consumer spending in the US rises by its largest amount in three-and-a-half years in November, figures show.
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Spending by US consumers rose in November, suggesting shoppers will continue to boost economic growth this quarter. The 0.2 percent gain in personal expenditures on goods and services
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WASHINGTON - After taking a rest in June, the nation's consumers were full of energy last month, boosting their spending by 0.8 percent, a hopeful sign the economy may be emerging from a summer funk.    The over-the-month increase in consumer spending, reported by the Commerce Department on Monday, marked a turnaround from the 0.2 percent decline registered in June, when high energy prices and a sluggish job market made for more cautious buyers...
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Spending by Americans shopping online during this year&#39;s holiday season rose 24 percent to $8.8 billion, with sharp gains in purchases of clothing and entertainment, Web company VeriSign Inc.
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WASHINGTON -- Consumers boosted their spending in May as their incomes grew solidly, an encouraging sign that high gasoline prices haven't killed people's appetite to buy. Inflation moderated.
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Increased spending by consumers and business helped US economic growth rise at a higher-than-predicted rate in the July to September period.
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Robust consumer spending during the  third quarter helped the U.S. economy advance faster than first  thought, a government report showed on Tuesday, while  underlying inflation was the tamest in decades.
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U.S. consumer spending rebounded sharply July, government data showed on Monday, erasing the disappointment of June and bolstering hopes that the U.S. economy has recovered from its recent soft spot.
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U.S. incomes rose much more sharply  than expected in January, while spending and core consumer  price growth also outpaced forecasts, a government report  showed on Thursday.
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Consumers increased their spending in July by the largest amount in six months and the back-to-school shopping season got off to a strong start in August, boosting hopes that the economy will not stumble into a recession this year.
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Rising homeownership and higher-income households have helped U.S. remodeling spending reach new highs, a study by Harvard University found.
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U.S. incomes rose much more sharply than expected in January, while spending and core consumer price growth also outpaced forecasts, according to a government report on Thursday that could heighten inflation concerns at the Federal Reserve.