US spending still on the rise

US consumer spending rose in August for a fourth month as cash gained from reduced income tax withholding rates helped boost purchases at stores and auto dealerships, a government report showed.

US spending still on the rise

The 0.8% increase last month followed a 0.9% rise in July, the Commerce Department said in Washington.

Disposable income, or the money left after taxes, rose 0.9% after increasing 1.5%.

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