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Consumer Spending Rose 0.7 Percent In February; Higher Gas Prices A Factor

There was a slightly larger-than-expected increase of 0.7 percent in consumer spending from January to February, the Bureau of Economic Analysis says.

Higher gasoline prices, though, were much of the reason for the rise. According to the bureau, if spending is adjusted for inflation the increase was a more modest 0.3 percent — the same as in January. And higher energy costs were behind most of the inflationary pressures last month.

Consumer spending is closely watched because consumers buy about 70 percent of all the goods and services that companies produce — meaning they drive the economy.

Meanwhile, personal income shot up 1.1 percent.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

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Taking Great Photos On Vacation Or "Staycation" (Rebroadcast)

Professional photographers give us the latest on cameras, smart phones and shooting tips for great vacation photos this summer -- and every day.

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Are Women Better Tasters Than Men?

Many in the wine and beer industry claim women have a keener sense of smell, and thus taste, than do men. Sensory scientists who've tackled this question say there's something to this.
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The Influence Of The Latino Vote in 2016

In 2016, an estimated 13.1 million Latino voters are expected to cast a ballot. The growing influence of the Latino vote and who makes up this demographic.

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Taking Great Photos On Vacation Or "Staycation" (Rebroadcast)

Professional photographers give us the latest on cameras, smart phones and shooting tips for great vacation photos this summer -- and every day.

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