U.S. consumer spending rose in December by most in three months

U.S. consumer purchases climbed in December by the most in three months as incomes picked up. / BLLOMBERG NEWS PHOTO
U.S. consumer purchases climbed in December by the most in three months as incomes picked up. / BLLOMBERG NEWS PHOTO
WASHINGTON - U.S. consumer purchases climbed in December by the most in three months as incomes picked up, signaling a strong hand-off into 2017. The 0.5 percent advance in consumption, which accounts for about 70 percent of the economy, followed a 0.2 percent advance in the prior month, a Commerce Department report showed Monday. The…
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