Personal income and spending both rose by 0.5% in January, the U.S. Department of Commerce reported Friday. The figures indicate the American economy is improving as household income increases and consumers show regained confidence by buying more. Friday’s figures show a sharp improvement over December, when spending rose by […]
Auto sales surged again in March, delivering the best monthly performance in the last five years. Light vehicle sales for March totaled 1.45 million, an increase of 3.4 percent over the year-ago tally, according to the Department of Commerce. Continued pent-up consumer demand, introduction of redesigned models, and low interest […]