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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (1334)3/1/2001 10:24:09 AM
From: AhdaRespond to of 24758
 
Very creative accounting is going on out there when you look at these figures. Peter Paul theory .

WASHINGTON (Reuters) - U.S. consumer spending rose faster than incomes in January, bringing the personal savings rate to its lowest level on record, the government said on Thursday.

Spending rose 0.7 percent to $6.96 trillion following a 0.4 percent gain in December. Incomes increased 0.6 percent to $8.5 trillion in January after posting a 0.4 percent increase in the previous month, the Commerce Department said