Today’s data – 2010-08-30

http://finance.yahoo.com/news/Consumer-spending-rises-04-apf-3440216038.html?x=0&sec=topStories&pos=1&asset=&ccode=

WASHINGTON (AP) -- Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.

Consumer spending rose 0.4 percent in July after three lackluster months, the Commerce Department said Monday. Spending fell 0.1 percent in April, rose a tiny 0.1 percent in May and was flat in June.

Personal incomes were up 0.2 percent in July, less than expected but at least an improvement over June when incomes had not risen at all.

http://finance.yahoo.com/news/Consumer-spending-rises-04-apf-3440216038.html?x=0&sec=topStories&pos=1&asset=&ccode=

(really not bad, I told you this’s the bottom. )