Monday, October 3, 2011

US incomes fall for first time in nearly 2 years (AP)

Unidentified shoppers unload their shopping cart at a Pembroke Pines, Fla. Costco store Thursday, Sept. 29, 2011. The Commerce Department said Friday, Sept. 30, 2011 that consumer spending rose 0.2 percent in August after a revised 0.7 percent increase in July. (AP Photo/J Pat Carter)AP - Americans earned less in August than in July, the first decline in nearly two years. With less income, consumers could cut back on spending and weaken an already-fragile economy.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20110930/ap_on_bi_ge/us_economy

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