Consumers Boost Spending, Cut Savings

Enlarge J Pat Carter/AP
A sharp rise in spending over the summer helped fuel annual growth of 2.5 percent in the July-September quarter, the best quarterly expansion in a year.


J Pat Carter/AP
A sharp rise in spending over the summer helped fuel annual growth of 2.5 percent in the July-September quarter, the best quarterly expansion in a year.

Americans’ incomes have stagnated for three straight months. Yet they boosted their spending in September 0.6 percent —

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