U.S. Jobless Claims Fall; Consumer Spending Rises

U.S. Jobless Claims Fall; Consumer Spending Rises

Mar. 1, 2012
March 1 (Bloomberg) -- The number of Americans filing first-time claims for jobless benefits fell 2,000 to 351,000, a level matching a four-year low, Labor Department figures showed today. Consumer spending rose 0.2 percent in January, less than forecast, while incomes increased 0.3 percent, according to the Commerce Department. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop."
Bloomberg
Correction: Clarification: