Consumer Spending & Income Rise In February As Inflation Bubbles
March 28, 2011 at 09:58 AM EDT
Personal income and spending rose again last month, the U.S. Bureau of Economic Analysis reports, although the numbers are tainted somewhat by the fact that inflation ticked up as well. Meantime, there’s no denying the trend in spending and income. Personal consumption expenditures rose for the eighth consecutive month, posting their biggest rise in February [...]