Spending Up 0.3 Percent In April

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 6/01/2012 10:56 am
Washington (AP) - Consumer spending edged up modestly in April but personal income growth was the slowest in five months.

The Commerce Department says consumer spending increased 0.3 percent in April following a revised 0.2 percent gain in March.

Americans' income grew 0.2 percent in April, the poorest showing since incomes fell 0.1 percent in November.

The April gain was just half the 0.4 percent March rise.

Consumer spending accounts for 70 percent of economic activity. 

        (Copyright Associated Press 2012 all rights reserved.)
Share
13WHAM News Headlines
State News
National News
Russia, US continue to spy on each other
The embarrassing arrest of a suspected CIA officer in Moscow is the latest reminder that the U.S. and Russia are still engaged in an espionage battle with secret tactics, spying devices and specialized training.

TheOffice

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.