But personal income rose just 0.2 percent, the bureau adds. And "disposable personal income," what's left after personal taxes, also rose only 0.2 percent.
Reuters says the combination of a solid gain in spending even as incomes grew only slightly "could prompt analysts to scale back expectations of a sharp pull back in economic growth this quarter" because consumers appear to be confident enough about how things are going to keep pulling out their wallets.
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