Consumer Spending Increased in July

August 29, 2011 Updated Aug 29, 2011 at 5:48 PM EDT

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Consumer Spending Increased in July

August 29, 2011 Updated Aug 29, 2011 at 5:48 PM EDT

The U.S. Department of Commerce reported that consumer spending rose 0.8 percent in July, according to a story in Wall Street Journal.

It was the biggest gain in five months. Income also rose, posting a 0.3-percent gain, according to the report.

Read the Wall Street Journal story HERE.