Reuters :: Top News

Consumer spending flags, but confidence rises

WASHINGTON (Reuters) - Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank as government economic stimulus waned, but consumer spirits rose this month, a hint the economy may muddle through its woes. <p><a href="http://feeds.feedburner.com/~a/reuters/topNews?a=HbF75d"><img src="http://feeds.feedburner.com/~a/reuters/topNews?i=HbF75d" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.feedburner.com/~f/reuters/topNews?a=5sp0sK"><img src="http://feeds.feedburner.com/~f/reuters/topNews?i=5sp0sK" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/reuters/topNews?a=Dw75pk"><img src="http://feeds.feedburner.com/~f/reuters/topNews?i=Dw75pk" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/reuters/topNews?a=1WkQHk"><img src="http://feeds.feedburner.com/~f/reuters/topNews?i=1WkQHk" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/378324191" height="1" width="1"/>