Consumer Spending, Incomes Rise in February
Washington, DC, March 28, 2014 -- Consumer spending rose 0.3% in February after a 0.2% rise in January, the Commerce Department said.
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In February, spending on durable goods such as autos fell while spending on services, such as utility bills, increased.
According to the report, after-tax income was up 0.3% in February, the same as in January.