WASHINGTON (Reuters) - Consumer spending rose slightly less than expected last month as savings jumped to a six-month high, indicating that households remained too cautious to spend despite an improvement in incomes.
Reuters: U.S., Reuters: Nation
Mon, 02/01/2010 - 7:05am
WASHINGTON (Reuters) - Consumer spending rose slightly less than expected last month as savings jumped to a six-month high, indicating that households remained too cautious to spend despite an improvement in incomes.