Economics
U.S. Consumer Spending Probably Rose Most in Five Months
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Consumer spending probably increased in February by the most in five months as incomes rebounded, providing a kick for the U.S. economy at the start of the year, economists project a report to show this week.
Purchases rose 0.6 percent last month after climbing 0.2 percent in January, according to the median of 61 estimates in a Bloomberg survey before Commerce Department figures due on March 29. Other data may show the biggest gain in durable goods orders in five months and sustained strength in the housing market.