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US consumer spending, incomes rose in October
by Martin Crutsinger, AP Economics Writer

The Associated Press    Translate This Article
30 November 2016

On 30 November 2016 The Associated Press reported: U.S. consumers boosted their spending again in October, while their incomes increased at the fastest clip in six months. Spending is closely watched since it accounts for more than two-thirds of economic activity. The overall economy grew at a solid 3.2 percent rate in the July-September quarter. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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