NEWS | SAN DIEGO

Consumer Spending in U.S. Increases 0.8% as Incomes Climb 0.4%

By , Bloomberg News

Oct. 29 (Bloomberg) -- Consumer spending in the U.S. rose 0.8 percent in September, more than forecast, after a 0.5 percent gain the prior month, a Commerce Department report showed today in Washington. The median estimate in a Bloomberg survey of 71 economists called for a 0.6 percent gain. Incomes rose 0.4 percent, compared with a 0.4 percent gain median forecast in the Bloomberg survey.

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