Consumer spending edges up in July

WASHINGTON - August 28, 2009 The Commerce Department says consumer spending rose 0.2 percent in July, matching economists' expectations. Personal incomes were unchanged last month, a weaker showing than the expected 0.2 percent gain.

Consumer spending is the big question mark as the economy struggles to emerge from recession. Economists worry that households hurt by rising unemployment, weak income growth and depleted investments will not provide the support the economy needs to rebound to sustained growth.


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