Consumer Spending Up 1 Percent

Published on:
12 September 2006 at 10:14 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00015010-consumer-spending-up-1-percent/

Consumers, the mainstay of the economy, splurged in July, increasing their spending by 1 percent, the largest advance in nine months, the government reported Friday.

Free-financing, especially on cars, discounted merchandise and other incentives motivated shoppers to spend. Warm weather in some parts of the country also induced people to hit the malls.

For this complete story, please visit Consumer Spending Up 1 Percent

Consumer Spending Up 1 Percent

Unknown Author

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