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Inland Empire Business News September 10th, 2014.003
Inland Empire Business News September 10th, 2014.003

Consumer spending rises

U.S consumer spending rose 0.9 percent in May month-over-month, the largest such increase in nearly six years.

Most of that money was spent on miscellaneous items, including small purchase like groceries and big-ticket items like automobiles, according to data released Thursday by the U.S. commerce department.

Cheaper gasoline prices in much of the country, along with job growth and an increase in wages, are the likely causes of the uptick in spending, according to the data.

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