Stronger consumer spending is the key to a sustained recovery. For spending to rise, analysts said, income growth has to resume. Personal incomes were flat in July, the eighth month out of 10 in which incomes have either fallen or failed to grow. Americans... Full Article at The State
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Americans dusted their wallets off and spent a little money in July with help from the Cash for Clunkers program, the Commerce Dept. said Friday, but personal income, the fuel for more spending down the road, was flat. Full Article at Investor's Business Daily
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Consumer spending edged up in July with help from the popular Cash for Clunkers program, but household incomes, the fuel for future spending increases, were flat. Full Article at Miami Herald
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WASHINGTON — Consumer spending edged up in July with help from the popular Cash for Clunkers program, but household incomes, the fuel for future spending increases, were flat. Full Article at Houston Chronicle
