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Mon Oct 29, 2012, 08:57 AM

Consumer Spending Rises Strongly in September [View all]

Source: Reuters

Consumer spending rises strongly in September

WASHINGTON | Mon Oct 29, 2012 8:50am EDT
(Reuters) - Consumer spending rose solidly in September as households stepped up purchases on automobiles and a range of other goods, setting up a firmer base for consumption this quarter.

The Commerce Department said on Monday consumer spending increased 0.8 percent after a unrevised 0.5 percent gain in August.
Economists polled by Reuters had expected spending, which accounts for about 70 percent of U.S. economic activity to increase 0.6 percent in September.

Read more: http://www.reuters.com/article/2012/10/29/us-usa-economy-spending-idUSBRE89S0K420121029

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Hissyspit Oct 2012 OP
oswaldactedalone Oct 2012 #1
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reflection Oct 2012 #5
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