Monthly Archives: March 2012

Weekly Economic Update-March 5, 2012

A GAIN (OF SORTS) IN CONSUMER SPENDING The Commerce Department noted a 0.2% rise in personal spending in January along with a 0.3% rise in wages. However, real consumer spending was flat for the third consecutive month when adjusted for inflation. Headline personal spending rose 2.1% in Q4 2011. Many economists expect a comparable gain…
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