Consumer spending jumps 0.4%

Americans’ salaries, wages climb $41 billion in November

Posted: December 22, 2012 at 2:07 a.m.

Shoppers look for bargains Thursday in the video games section of a Best Buy store in Orlando, Fla. Consumer spending is on the rebound, a New York economist said.

Consumer spending increased in November as Americans pushed aside the threat of higher taxes in 2013, bought gifts for the holidays and made up for lost shopping time caused by Hurricane Sandy.

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Business, Pages 27 on 12/22/2012