Latest data shows consumer incomes outpacing spending - 2004-03-27
Consumers, a key force influencing the economic recovery, were more subdued in February, increasing their spending by only 0.2 percent.
And, they say that tax refunds arriving in mailboxes during the spring and extra cash coming from home-mortgage refinancings may give consumers an incentive to spend more, juicing up economic growth.
Read the full story at Observer-Reporter