Personal Income And Spending Are On The Rise

REUTERS/Andrew NellesThanksgiving Day shoppers line up to start shopping at a Target store in Chicago.

The American consumer is spending more than it is bringing in.

Personal income climbed by 0.4% in November, which was right in line with economists' expectations.

Personal spending grew by 0.6%, which was a bit stronger than the 0.5% expected.

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