The Personal Income, Spending and Savings report came out for the month of September 2010. Personal Income and Disposable Income were both down ( -.1% and -2% respectively), but Personal Spending was up .2%. Even though Personal Spending was up .2% this was still less than the increase from the prior month. More odd is the fact that people are getting less in income/disposable income yet they are spending more.
Personal Spending was down from August, which lines up with the the personal spending increase.
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