US consumer spending jumps 0.7 pct. in February, biggest gain in 5 months; income up 1.1 pct.

  • by: MARTIN CRUTSINGER , Associated Press
  • Updated: March 29, 2013 - 11:09 PM

WASHINGTON - U.S. consumers stepped up spending in February after their income jumped, aided by a stronger job market that offset some of the drag from higher taxes. The gains led economists to predict stronger economic growth at the start of the year.

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT