Economic Stimulus, Consumer Spending | featured news

economic stimulus, consumer spending
(Image from article: "Americans saving more, spending modestly")

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Personal incomes rise, but spending doesn't

As the Federal Reserve meets Tuesday and Wednesday to consider new stimulus for the weak economy, one of the key data it will be looking at is consumer spending, which is clearly waning.

 

Americans saving more, spending modestly

Americans saving more, spending modestly

Households pushed their savings rate to the highest level in more than 15 years in May amid a big boost in incomes from the government's stimulus program.

 

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