US consumer spending edged up 0.2 percent in January while income fell sharply – Washington Post
 Philadelphia Inquirer |
US consumer spending edged up 0.2 percent in January while income fell sharply
Washington Post WASHINGTON — U.S. consumers increased spending modestly in January but cut back on major purchases that signal confidence in the economy. The decline in spending on goods suggests higher tax rates that kicked in on Jan. 1 may have made … WRAPUP 3-Taxes squeeze US households, factories to add to growth Americans Spent More and Made Less, Data Shows Consumer Spending in U.S. Climbs Even as Taxes Hurt Incomes |
