Commerce Department: Spending Rose in March
05/05/2010
Personal income increased 0.3 percent in March, following an increase of 0.1 percent in February. Wages and salaries, the most significant portion of personal income, grew 0.2 percent after a rise of 0.1 percent in February.
The personal savings rate dropped slightly in March to 2.7 percent. It had stood at 3 percent for the month of February.
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