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U.S. consumer spending up 0.4% in December

By The Associated Press

This article was published January 31, 2014 at 10:59 a.m.

WASHINGTON — Americans increased their spending at a solid pace for the second straight month in December even though their income was flat.

Consumer spending rose 0.4 percent in December, compared with November when spending had increased an even stronger 0.6 percent, the Commerce Department reported Friday. That was the best gain in five months.

Income, however, showed no gain at all in December after a 0.2 percent rise in November.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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