Consumer spending rose in June
Retail, housing market edged up despite 1.3% income drop
Posted: August 5, 2009 at 5:31 a.m.
Shoppers like these Friday at a new J.C. Penney store in New York City are seen as a sign of growing consumer confidence.
Consumers opened their wallets and pocketbooks a bit more in June, increasing their spending for the second straight month while saving less, even as incomes fell.
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Business, Pages 25, 30 on 08/05/2009
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