HERE COMES PERSONAL INCOME AND SPENDING...
May 1, 2014, 17:36 IST
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Economists estimate income personal income climbed 0.4%.in March and spending increased by 0.6%.
"Both vehicle sales and retail sales improved significantly in March relative to their February levels, with the former reaching a post- recession high and the latter posting its largest monthly increase in more than a year," noted Barclays economists. "On the income side, we look for wage income to receive a boost from a rebound in the March workweek following weather-related headwinds at the start of the year."