Consumer spending in U.S. rose more than forecast in August

COMMERCE DEPARTMENT DATA released Monday showed that household spending rose in August more than expected, at the same time that July levels were revised higher than preciously reported. A woman checks a mobile device while carrying a shopping bag on 34th Street in New York on Saturday. / BLOOMBERG NEWS PHOTO/JOHN TAGGART
COMMERCE DEPARTMENT DATA released Monday showed that household spending rose in August more than expected, at the same time that July levels were revised higher than preciously reported. A woman checks a mobile device while carrying a shopping bag on 34th Street in New York on Saturday. / BLOOMBERG NEWS PHOTO/JOHN TAGGART
WASHINGTON - Household spending climbed more than forecast in August and incomes also rose as the biggest part of the U.S. economy continued to power past a global slowdown. Consumer purchases climbed 0.4 percent, matching the gain in July that was larger than previously reported, Commerce Department figures showed Monday. The median forecast of economists…

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