Consumer spending posts biggest jump in 8 years
Posted: Mon Oct 30, 2017 8:12 am
CBS News - 10/30/2017 - Consumers boosted their spending by 1 percent in September, the biggest monthly gain in eight years. The surge was led by strong sales of autos and other durable goods. The Commerce Department says the sizable jump in consumer spending was up from a tiny 0.1 percent gain in August and was the best showing since an increase of 1.3 percent in August 2009. Spending to replace goods lost to hurricanes Harvey and Irma likely helped fuel at some of the rise. Read more @ https://www.cbsnews.com/amp/news/consum ... n-8-years/