U.S. Personal Incomes Up .5% In December

American incomes went up in December, but the money went to savings rather than to consumption.

Personal income grew 0.5 percent compared to the prior month, after rising 0.1 percent in November, the Commerce Department said. Spending was flat after moving up just 0.1 percent the month before.

By: Alan

Alan Colmes is the publisher of Liberaland.