Consumer data support sturdy first-quarter growth
date:Apr 01, 2013
the administration's warning that economic catastrophe would follow the reductions in federal spending, and consumers have renewed their expectation that gains in employment will accelerate through the rest of 2013, said survey director Richard Curtin.

And they have reason to be optimistic. Income increased a healthy 1.1 percent after tumbling 3.7 percent in January.

Personal income had increased sharply in December as businesses rushed to pay dividends and bonuses before tax hikes took effec
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