US consumer spending rose at the slowest pace in nine months in June in a sign of cooling household demand.
Spending rose 0.1 per cent after a gain of 0.6 per cent the previous month, according to the Commerce Department.
By Eoin Callan in Washington
Published: July 31 2007 14:39 | Last updated: July 31 2007 14:39
US consumer spending rose at the slowest pace in nine months in June in a sign of cooling household demand.
Spending rose 0.1 per cent after a gain of 0.6 per cent the previous month, according to the Commerce Department.