Nevada consumer spending rises but far below norm

Published August 8, 2014 12:04am ET



RENO, Nev. (AP) — Consumer spending in Nevada rose to its highest level in five years in 2012 but continued to lag far behind the national average, according to a report released Thursday showing a wide discrepancy in economic recovery from the recession across the country.

Personal consumption expenditures jumped 28 percent in North Dakota, the largest gain nationwide, from 2010 through 2012, while consumer spending surged nearly 16 percent in Oklahoma, the U.S. Bureau of Economic Analysis report said.

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