U.S. consumers boost spending for second month
U.S. consumers as a whole, the main drivers of the U.S. economy, continued to boost their spending in November for the second consecutive month, according to a new government report.
Consumer spending was up 0.5 percent to $47.9 billion in November after rising 0.6 percent in October, according to the U.S. Department of Commerce.
A separate report released today showing consumer sentiment for December is at its highest since September.
The Reuters/University of Michigan Surveys of Consumers saw its index rise to 72.5 in December and 67.4 in November, according to Reuters.
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