AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Real Consumer Outlays Back In Growth Mode In March After Decline; Suggest Modest Expansion; Wages also on upswing; recovery could hinge on tax cuts, big savings pot.(A)
Byline: JED GRAHAM
Inflation-adjusted consumer spending grew for the first time this year in March as wages rose at the best pace in seven months, the Commerce Department said Monday.
Real spending rose 0.1% last month after falling 0.4% in February. Unadjusted for the energy-led price gains in the first quarter, spending rose 0.4% in March, less than views, and 0.1% in February.
Meanwhile, wages rose 0.4% from February, the best since August, despite the weak job market.
The data show that despite war and oil, income and spending trends not only didn't collapse, but they also improved as the quarter wore on. With oil down sharply the past …
-
- US economy grows at fastest rate in 19 years.
-
News wire article from: Europe Intelligence Wire
October 30, 2003
700+ words
-
- UPDATE 2- US economy grows at fastest rate since 1984.
-
News wire article from: Europe Intelligence Wire
October 30, 2003
700+ words
-
- UPDATE 1- US economy grows at fastest rate in 19 years.
-
News wire article from: Europe Intelligence Wire
October 30, 2003
700+ words
-
- GDP Up 4% In Q4, Short Of Forecasts But Still Solid Gain; Q3's Torrid Pace...
-
Magazine article from: Investor's Business Daily
February 2, 2004
700+ words
-
- IBD'S TOP 10.(A)
-
Magazine article from: Investor's Business Daily
September 30, 2003
700+ words
