Sunday, April 29, 2007

U.S. Consumer Spending, Incomes Probably Grew Last Month, Economists Say

(Bloomberg) -- Personal spending in the U.S. probably increased in March as incomes grew, giving the economy a lift heading into the second quarter, economists said before a report today.

The Commerce Department will report that spending increased 0.5 percent following a 0.6 percent gain a month earlier, according to the median estimate in a Bloomberg News survey of 58 economists. Other reports may show slower growth in construction and U.S. business activity.


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