WKYT | Lexington, Kentucky | News

August consumer spending and incomes both rise

WASHINGTON (AP) - Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled by the resumption of extended unemployment benefits.

The Commerce Department says that spending increased 0.4 percent in August, matching the July increase. The two increases followed June's flat reading on spending.

Incomes were up 0.5 percent, better than a 0.2 percent rise in July and a flat reading in June.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus


2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Register for Email
RSS Feeds
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 104147519 - wkyt.com/a?a=104147519
Gray Television, Inc.