Voice of America: US Consumer Spending Rises at Fastest Pace in 5 Months

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

US Consumer Spending Rises at Fastest Pace in 5 Months Mar 13th 2013, 17:29 U.S. retail spending rose at the fastest pace in five months in February, even though a tax hike crimped some family budgets.   Wednesday's Commerce Department report said outside the volatile areas of auto sales and fuel prices, sales in the overall economy advanced four-tenths of a percent for the month. Economists and investors watch retail sales closely because consumer demand drives most U.S. economic activity.   Experts say the improving U.S. job market helped boost sales, ... Media files: 4CF36294-95B3-4025-B438-41400712F931_cx0_cy4_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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