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Consumers spending more amid consistent job growth, higher incomes

Purchases rose 0.3% in October after a 0.7% September advance, while incomes were up 0.6%
Thursday, December 1, 2016 - 05:50

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Disposable income, or the money remaining after taxes, rose 0.4 per cent in October from the previous month after adjusting for inflation, the strongest advance this year.

Washington

PERSONAL spending in the US rose at a more moderate pace in October after the biggest gain in five months, while incomes accelerated and indicated demand will be sustained.

Purchases rose 0.3 per cent after a 0.7 per cent September advance that was stronger than first

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