![]() Kansas City Star |
Consumer Spending in U.S. Falls as Sandy Reduces Wages: Economy
San Francisco Chronicle 30 (Bloomberg) — Americans unexpectedly pared spending in October as superstorm Sandy depressed wages, showing the world's largest economy is cooling as lawmakers seek ways to avoid the so-called fiscal cliff. The 0.2 percent decrease in purchases … U.S. economy grew 2.7% in summer Consumer spending stumbles in Oct. as income growth stalls US economy: Consumer spending, income growth stall; Sandy a factor |