The rise of the consumer spending in America

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The consumer spending rate rose in The United States last March for the sixth month in succession where the prices pushed the saving size to the lower level in a year and half and this means that the consumers started playing a greater role in the economy which recovery drove the industrial production sector .
US Department of Commerce explained that the consumer spending that represents two thirds of the economic activities in The United States rose by the ratio of 0.6 % in March from 0.5 % in February .
Ghae Libas, the expert of the stable incomes, said that in Gani's enterprise Montgomery is a silence in Philadelphia the consumer spending started recovering on a large scale and the lead of the economic boom moves to the consumers from the companies until with the badness of the situation in the jobs market .
The US government has declared last Friday that the economy grew at a rate of 3.2 % in 1st-Qtr from current year and that the consumer spending increased by the ratio of 3.6 % in the same period .
With the increase of the spending the saving size rose to 303.9 billions dollars in the same period which is the lower since September 2008 .
The prices measurement index rose, except the food and the energy, by the ratio of 1.3 % in a complete year until last March .
But the analysts express their worry towards the rise of the unemployment rate to about 10 % and towards the weak growth to the economy and these worker had may an effect on weakening of the growth in the few next months .
The source : agencies

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