Robison Law Firm
11353 REED HARTMAN HIGHWAY
SUITE 300
CINCINNATI
,
OH
45241
PHONE: 513-412-3483
FAX: 513-412-3482
OUR FAMILY OF
STRATEGIC TAX SERVICES
News
Consumer spending rose solid 0.3 percent in October
WASHINGTON (AP) — Consumers boosted their spending a solid 0.3 percent in October, while their incomes grew 0.4 percent. Both were healthy gains indicating the fourth quarter got off to a strong start.
The October increase in consumer spending followed a much larger 0.9 percent rise in September, the Labor Department reported Thursday. The September climb had been the biggest in eight years. The rise in incomes last month matched the September result, with both months showing the best performance since February.