Personal Spending Takes Biggest Jump in Six Months

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Consumer personal spending rose 0.6% in March, the biggest jump in six months, the Commerce Department said Monday.

The increase, which followed 0.3% gain in February, matched economists’ forecasts, Bloomberg reported.

Personal incomes rose 0.3%, Commerce said.

An increase in consumer spending could increase demand for new factory goods and the trucking shipments that get them to stores.



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