News In Brief

December incomes up - and so was spending

US personal income climbed 0.9 percent in December and, fed by a year of recovery, gained 6.3 percent for all of 1983, the government said Thursday. Reporting on another category, the government said personal spending on both goods and services jumped 1.3 percent in December, 13 times the earlier reported increase in retail sales alone for the month.

Also on Thursday, the Labor Department reported new claims for state unemployment benefits dropped to the lowest level in 4 1/2 years during the first week in January.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK