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Consumers Open Wallets Wide

Spending index records biggest increase since July 2005

By Jonas Oransky, Newser Staff

Posted Dec 21, 2007 11:14 AM CST

(Newser) – Consumer spending grew 1.1% in November, its biggest rise since July 2005. The better-than-predicted figure accompanied a revised 0.4% October gain, adjusted from 0.2%. Taken together, the numbers “postpone fears of a recession at least until next year,” said one... Read full story »

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Consumers Open Wallets Wide

Spending index records biggest increase since July 2005

recession • consumer spending • Best Buy • job

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