Personal income and consumer spending both declined in February as a result of brutal winter weather which shutdown much of the nation during the end of the month, along with a dropoff from stimulus checks from January. The report released from the Bureau of Labor Analysis showed a personal income […]
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 […]