From Bloomberg:
"Looking past the month-to-month wiggles, the numbers signal still-decent spending growth, Michael Feroli, chief U.S. economist at JPMorgan Chase & Co. in New York, said in a note to clients. The growth in household labor income and the ongoing improvement in consumer sentiment should lend support to continued growth in real consumer spending. "
dow closes up +38.54 (+0.38%), page-6
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