Articles About Saving Rate
- Author:
- Tom Silva
- Posted:
- 11.07.2011
Spending Rises as Savings Fall
Are Americans shopping until they drop again? It could be, judging by the latest government report showing that consumer spending rose by a surprisingly vigorous 0.6 percent in September, even as personal incomes barely grew. Adjusting for inflation, after-tax income declined slightly by 0.1 percent, according to the Department of Commerce. The bottom line is […]