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

  • Article 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.

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