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.
Stories Related to Personal Incomes, Consumer Spending Up In December
Los Angeles Times - Top News, Los Angeles Times
Mon, 02/01/2010 - 8:41am
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BING NEWS:
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New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.
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Consumer sentiment is an aggregate measure of how individuals feel about their finances and the economy as a whole. Also called consumer confidence, this economic indicator can serve as a barometer ...
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Jamie Dimon, the chief executive of JPMorgan Chase, said in a statement alongside the bank's fourth-quarter earnings that the U.S. economy “has been resilient” and that businesses appear more upbeat.
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