national spending increases

Hispanic Business is reporting that consumer spending increased 0.6 percent in February, and personal incomes also increased by 0.6 percent.

Both figures were double what had been expected and should help to alleviate recession fears that have been growing because of a deeper-than-expected slump in housing and troubles in the domestic auto industry.

Resources:

Author: Paloma Cruz

Find out more about Paloma Cruz through the About page. Connect with her on Twitter (www.twitter.com/palomacruz) and (Facebook).

Leave a Reply