WASHINGTON AP - Consumers are saving more and being picky about how they spend their money, new data show.Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the third straight month of lackluster consumer demand. Incomes were also flat, the weakest showing in nine months.And the personal savings rate rose to 6.
August 03, 2010 at 12:00 AM
1 minute read
WASHINGTON AP – Consumers are saving more and being picky about how they spend their money, new data show.
Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the third straight month of lackluster consumer demand. Incomes were also flat, the weakest showing in nine months.
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