Coming up: U.S. consumer spending in August WASH
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Coming up: U.S. consumer spending in August
WASHINGTON (MarketWatch) - The government will release personal spending and income at 8:30 a.m. Eastern. The U.S. Commerce Department is expected to report that consumer spending rose 0.5% in August after a 0.4% increase in July. Incomes are forecast to rise 0.2%, according to a MarketWatch survey of economists. And an index tied to consumer spending that measures inflation, known as core PCE, likely rose 0.1% excluding the volatile food and energy categories.