Business

US consumer spending up 0.4 percent in December

By Martin Crutsinger
Published January 31, 2014 5:41pm ET
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US consumer spending up 0.4 percent in December
FILE - In this Tuesday, Dec. 24, 2013, file photo, a man and woman carry shopping bags as they cross the street in San Francisco. The Commerce Department reports how much consumers spent and earned in December. on Friday, Jan. 31, 2014. (AP Photo/Jeff Chiu) | Jeff Chiu

WASHINGTON (AP) — Americans increased their spending at a solid pace for the second straight month in December even though their income was flat.

Consumer spending rose 0.4 percent in December, compared with November when spending had increased an even stronger 0.6 percent, the Commerce Department reported Friday. That was the best gain in five months.

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