December Personal Income, Spending Rise

Ackerman, Andrew
January 2006
Bond Buyer;1/31/2006, Vol. 355 Issue 32309, p2
Trade Publication
The article reports on the increase in personal income and personal consumption in the U.S. in December 2005 signifying that Americans spent far more than they earned during the peak holiday season. A 0.4 percent increase in income and 0.7 percent increase in consumption has been projected by the IFR BondData Americas.


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