WASHINGTON -- Personal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades.
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Los Angeles Times - Top News, Los Angeles Times
Mon, 02/01/2010 - 8:41am
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BING NEWS:
- Credit card debt set to hit record levels as consumer holiday spending rises
The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a record, between $979.5 billion and $989 billion.
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