SEARCH

Entries in Monthly Income (1)

Monday
Nov012010

New Income, Spending Figures Show Continued Weakness in Economy

Photo Courtesy - Getty Images(WASHINGTON) -- New numbers released Monday show a drop in monthly income for the first time in more than a year.  According to the U.S. Department of Commerce, monthly income dropped one tenth of one percent in September. 

The Commerce Department also says spending growth slowed in September to the weakest pace in three months.  Figures show spending rose by two tenths of a percent.

Copyright 2010 ABC News Radio







ABC News Radio